Answer:
13.57%
Explanation:
Given the data :
Initial after tax cost = 5,000,000
Cash inflows:
Year 1 : $1,800,000
Year 2 : $1,900,000
Year 3 : $1,700,000
Year 4 : $1,300,000
The Internal rate of return can be obtained using the excel ;
IRR(Series of cash flow)
If the data above were inputed in an excel sheet from cell A1 to cell A4 ;
IRR(A1:A4)
Internal rate of return value obtained is 13.57%
Hope it helps
More than any other part of America, the South stands apart. Thousands of Northerners and foreigners have migrated to it but Southerners they will not become. For this is still a place where you must have either been born or have "people" there, to feel it is your native ground. Natives will tell you this. They are proud to be Americans, but they are also proud to be Virginians, North Carolinians, South Carolinians, Tennesseeans, Mississippians and Texans. But they are conscious of another loyalty too, one that transcends the usual ties of national patriotism and state pride. It is a loyalty to a place where habits are strong and memories are long. If those memories could speak, they would tell stories of a region powerfully shaped by its history and determined to pass it on to future generations.
Friar Laurence was “C) Romeo’s spiritual advisor”.
