Question
Watson Clinic is evaluating a project that costs $52,125 and has expected net cash inflows of $12,000 for eight years.The first inflow occurs one year
Watson Clinic is evaluating a project that costs $52,125 and has expected net cash inflows of $12,000 for eight years.The first inflow occurs one year after the cost outflow, and the project has a cost of capital of 12 percent.
What is the projects IRR?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
11th Edition
1305262999, 1305262997, 035726164X, 978-1305262997
