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Youve just been hired as a financial analyst for Ford Motors. Tim Stone. CFO, has asked you to analyze the project data shown to the
Youve just been hired as a financial analyst for Ford Motors. Tim Stone. CFO, has asked you to analyze the project data shown to the right. Furthermore, Fords required return for this project is 9%, its tax rate is 22%, and its payback requirement in order to do a project is less than 3 years. In his memo to you, he asked you to answer the following questions:
What is the payback period for this project? years (go out to 4 decimal points x.xxxx ) Cashflows over years 0-3. What is the IRR of this project? (do not assume numbers are the same as the previous question) % (round to 2 decimal points x.xx% ) Cashflows over years 0-3. What is the payback period for this project? years (go out to 4 decimal points x.xxxx ) Cashflows over years 0-3. What is the IRR of this project? (do not assume numbers are the same as the previous question) % (round to 2 decimal points x.xx% ) Cashflows over years 0-3Step by Step Solution
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