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You wish to evaluate a project requiring an initial investment of $45,000 and having a useful life of 5 years. What minimum amount of annual
You wish to evaluate a project requiring an initial investment of $45,000 and having a useful life of 5 years. What minimum amount of annual ca your firm has a cost of capital of 8.0%? If the project is forecast to earn $12,500 per year over the 5 years, what is its IRR? Is the project acceptable? The minimum amount of annual cash infow necessary is $(Round to the nearest cent.) The minimum amount of annual cash inflow necessary is
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