Question: Vons Corporation is planning a 15-year project with an initial investment of $2,255,000. The project will have $508,000 cash inflows per year in years 1-4;

Vons Corporation is planning a 15-year project with an initial investment of $2,255,000. The project will have $508,000 cash inflows per year in years 1-4; $215,000 cash inflows in years 5-10, and $58,000 cash inflows in years 11-15.

Required:

Determine the project's internal rate of return (IRR).

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Total cash inflows 14 2032000 510 129... View full answer

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