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Business, 21.11.2019 00:31 martinezzz2294

Hathaway, inc., a resort management company, is refurbishing one of its hotels at a cost of $7.8 million. management expects that this will lead to additional cash flows of $1.8 million for the next six years. what is the irr of this project? if the appropriate cost of capital is 12 percent, should hathaway go ahead with this project?

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Hathaway, inc., a resort management company, is refurbishing one of its hotels at a cost of $7.8 mil...
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