58. 7% b. 8% c. 9% d. 10 % H 10. Wetzlar Mining Company is considering an iron ore extraction project which requires an initial investment of SAR 6,340,000 and will yield annual cash flows of SAR 1,546,267 for 5 years. The company's hurdle rate is 9%. Calculate IRR.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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B
V
@7%
b. 8%
c. 9%
d. 10%
T
O
10. Wetzlar Mining Company is considering an iron ore extraction project which requires an initial
investment of SAR 6,340,000 and will yield annual cash flows of SAR 1,546,267 for 5 years. The
company's hurdle rate is 9%. Calculate IRR.
Transcribed Image Text:B V @7% b. 8% c. 9% d. 10% T O 10. Wetzlar Mining Company is considering an iron ore extraction project which requires an initial investment of SAR 6,340,000 and will yield annual cash flows of SAR 1,546,267 for 5 years. The company's hurdle rate is 9%. Calculate IRR.
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