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O and is expected to gene -Answer in percent, roun

O and is expected to gene -Answer in percent, roun

Intermediate Financial Management (MindTap Course List)
Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter12: Capital Budgeting: Decision Criteria
Section: Chapter Questions
Problem 1P: A project has an initial cost of 40,000, expected net cash inflows of 9,000 per year for 7 years,...
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QUESTION 11 A project has an initial cost of $202,000 and is expected to generate a single cash inflow of $416,000 in 7 years. If the cost of capital is 10.6%, what is this project's internal rate of return? Answer in percent, rounded to one decimal place (e.g., 4.87% = 4.9)
Transcribed Image Text:QUESTION 11 A project has an initial cost of $202,000 and is expected to generate a single cash inflow of $416,000 in 7 years. If the cost of capital is 10.6%, what is this project's internal rate of return? Answer in percent, rounded to one decimal place (e.g., 4.87% = 4.9)
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