7. Find the IRR of an investment of 50,000 ETB, whose receipts in the next four years are ETB 15,000, ETB 15,000, ETB 20,000 and ETB 20,000 respectively. Is the investment viable if the minimum attractive rate of return (MARR) is 10% per annual?
7. Find the IRR of an investment of 50,000 ETB, whose receipts in the next four years are ETB 15,000, ETB 15,000, ETB 20,000 and ETB 20,000 respectively. Is the investment viable if the minimum attractive rate of return (MARR) is 10% per annual?
Chapter9: Capital Budgeting Techniques
Section: Chapter Questions
Problem 11PROB
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