IRR function for this problem is 7. 7% and invest in the project
<h3>What is
IRR function?</h3>
The Excel IRR function returns the internal rate of return (IRR) for a sequence of cash flows that occur at regular intervals. Determine the internal rate of return. Return was calculated as a percentage. =IRR (values, [guess])
IRR is the interest rate at which the sum of all cash flows equals zero, thus it is useful for comparing one investment to another. In the preceding example, if we substitute 8% with 13.92%, the NPV becomes 0, and your IRR becomes zero. As a result, IRR is defined as the discount rate at which a project's NPV becomes zero.
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<span>Gilleo should win. This is because though acknowledging
Ladue's police power to lessen visual disorder connected with signs, the Court
ruled that the law of Ladue "almost completely foreclosed a venerable
means of communication that is both unique and important." So the Court
held a "special respect" for a persons right to communicate messages
from his/her home.</span>
It is important to research several careers rather than just one because, then you could know which career is most likely better for you to work for, and which one would fit you, and if you are comfortable in doing that career.
Answer:
$ 3.87
Explanation:
It is given that :
Cost of the company's stock per share = $ 90
The required return on the stock is = 15 %
Therefore, the dividend yield =
We known that
= 4.05
The current dividend is,
= $ 3.87