Question
You are the CFO of a company. Your research assistant has just brought you with the estimated cash flows and the cost of capital for
You are the CFO of a company. Your research assistant has just brought you with the estimated cash flows and the cost of capital for a project. Unfortunately, you find that the cost of capital was miscalculated. How would the internal rate of return (IRR) of the project will change after you correct the miscalculation in the cost of capital? Explain.
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
5th Edition
0078034663, 978-0078034664
