Bionictech Sdn Bhd is a pharmaceutical company operated in Malaysia is currently participate in developing the covid19 vaccine. The company anticipating an earning of RM17,500,000 every year for 5 years. The cost incurred for this project was RM42,000,000 and cost of capital was 15 percent. Briefly explain the decision of Bionictech involving in this project by calculating the internal rate of return.
Bionictech Sdn Bhd is a pharmaceutical company operated in Malaysia is currently participate in developing the covid19 vaccine. The company anticipating an earning of RM17,500,000 every year for 5 years. The cost incurred for this project was RM42,000,000 and cost of capital was 15 percent. Briefly explain the decision of Bionictech involving in this project by calculating the internal rate of return.
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
Section: Chapter Questions
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Bionictech Sdn Bhd is a pharmaceutical company operated in Malaysia is currently participate in developing the covid19 vaccine. The company anticipating an earning of RM17,500,000 every year for 5 years. The cost incurred for this project was RM42,000,000 and cost of capital was 15 percent. Briefly explain the decision of Bionictech involving in this project by calculating the
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