Question
Walmart is considering investing in a new project. The project will need an initial investment of $1,100 this year and will generate $500 (after-tax) cash
Walmart is considering investing in a new project. The project will need an initial investment of $1,100 this year and will generate $500 (after-tax) cash flows for the next three years. The cost of capital is 15%. What is the IRR for the project?
A. 20.2%
B. 15%
C. 13.5%
D. 17.3%
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
7th Edition
013213683X, 978-0132136839
