Suppose that a project requires an investment of $32,000, and it produces a single period cash flow of $40,000. A partial table of the present value of an annuity is as follows: Year 2% 4% 6% 8% 10% 12% 14% 16% 20% 25% 1 0.98039 0.96154 0.94340 0.92593 0.90909 0.89286 0.87719 0.86207 0.83333 0.80000 What is the IRR of the project? (Round discount factor to five decimal places.) O a 25%
Suppose that a project requires an investment of $32,000, and it produces a single period cash flow of $40,000. A partial table of the present value of an annuity is as follows: Year 2% 4% 6% 8% 10% 12% 14% 16% 20% 25% 1 0.98039 0.96154 0.94340 0.92593 0.90909 0.89286 0.87719 0.86207 0.83333 0.80000 What is the IRR of the project? (Round discount factor to five decimal places.) O a 25%
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Please help me with show all calculation thanku
Transcribed Image Text:Suppose that a project requires an investment of $32,000, and it produces a single perlod cash flow of $40,000. A partial table of the present value of an annuity is as fu
Year 2% 45 66
10% 12% 14% 10% 20% 25%
1650030636154 0.94349 6.92593090909029266687719 0.86207 0.811330.80000
what is the of the proded (Round count factor to fin decimal places)
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Transcribed Image Text:Suppose that a project requires an investment
of $32,000, and it produces a single period
cash flow of $40,000. A partial table of the
present value of an annuity is as follows: Year
2% 4% 6% 8% 10% 12% 14% 16% 20% 25% 1
0.98039 0.96154 0.94340 0.92593 0.90909
0.89286 0.87719 0.86207 0.83333 0.80000
What is the IRR of the project? (Round
discount factor to five decimal places.) O a
25%
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