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iren2701 [21]
3 years ago
8

Strange Manufacturing Company is purchasing a production facility at a cost of $21 million. The firm expects the project to gene

rate annual cash flows of $7 million over the next five years. Its cost of capital is 18 percent. What is the internal rate of return on this project? (A) 17%(B) 18%(C) 19%(D) 20%
Business
1 answer:
n200080 [17]3 years ago
5 0
It would be choice B 18%.
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What are the roles of actual returns and expected returns in investment planning?
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b. safety

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3 years ago
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