Question
You are considering a project that will cost $40,000 in startup costs per year in years 0, 1, and 2. In year 3 the project
You are considering a project that will cost $40,000 in startup costs per year in years 0, 1, and 2. In year 3 the project will turn cash flow positive and generate $20,000 per year in perpetuity. The discount rate is 15%. What is the project IRR?
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
3rd Edition
0470891696, 978-0470891698
