Business, 05.07.2021 20:00 rosieposie27
A firm is considering a project requiring an investment of $30,000. The project would generate an annual cash flow of $7,251 for the next six years. The company uses the straight-line method of depreciation with no mid-year convention. Ignore income taxes. The approximate internal rate of return for the project is:
a.11%.
b.10%.
c.12%.
d.9%.
Answers: 2
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A firm is considering a project requiring an investment of $30,000. The project would generate an an...
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