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UsingExcel I'm getting 11% as the Rate of Return which isn't correct soI'm stuck. The $92.6 millions is correct but I don't know where I'mgoing
UsingExcel I'm getting 11% as the Rate of Return which isn't correct soI'm stuck. The $92.6 millions is correct but I don't know where I'mgoing wrong finding the Rate of Return. An all-equity financed company has a cost of capital of 10 percent. It owns one asset: a mine capable of generating \( \$ 106 \) million in free cash flow every year for five years, at which time it w 2 answers
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