Question
Use the following date: A company is considering the purchase of a copier that costs $5, 000. Assume a required rate of return of 10%
Use the following date: A company is considering the purchase of a copier that costs $5, 000. Assume a required rate of return of 10% and the following cash flow schedule: Year 1: $3,000 Year 2: $2,000 Year 3: $2,000 The project's IRR is closet to?
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Introduces Quantitative Finance
Authors: Paul Wilmott
2nd edition
470319585, 470319581, 978-0470319581
