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Wallowa Company is considering a long-term investment project called ZIP. ZIP will require an investment of $116,961. It will have a useful life of 4
Wallowa Company is considering a long-term investment project called ZIP. ZIP will require an investment of $116,961. It will have a useful life of 4 years and no salvage value. Annual cash inflows would increase by $80,720, and annual cash outflows would increase by $41,840. The companys required rate of return is 12%.
Internal rate of return on this project is between ? % and ?% |
Determine whether this project should be accepted?
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