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Whispering Winds Company is contemplating an investment costing $185,420. The investment will have a life of 8 years with no salvage value and will produce
Whispering Winds Company is contemplating an investment costing $185,420. The investment will have a life of 8 years with no salvage value and will produce annual cash flows of $33,500. Click here to view PV tables. What is the approximate internal rate of return associated with this investment? (Use the above table.) (Round answer to 0 decimal places, e.g. 15%.) Internal rate of return enter the internal rate of return in percentages rounded to 0 decimal places %
View Policies Current Attempt in Progress Whispering Winds Company is contemplating an investment costing $185,420. The investment will have a life of 8 years with no salvage value and will produce annual cash flows of $33,500. Click here to view PV tables. What is the approximate internal rate of return associated with this investment? (Use the above table.) (Round answer to O decimal places, e.g. 15%.) Internal rate of return %Step by Step Solution
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