Your company is considering a capital project that will require a net initial investment of $299,978. The project is expected to have a 7- year life and will generate an annual net cash inflow of $52.560. Using the present value tables, what is the internal rate of return? (Round answers to O decimal places, eg 25) Click here to view the factor table. 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
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Your company is considering a capital project that will require a net initial investment of $299,978. The project is expected to have a 7-
year life and will generate an annual net cash inflow of $52,560.
Using the present value tables, what is the internal rate of return? (Round answers to 0 decimal places, e.g. 25)
Click here to view the factor table.
Internal Rate of Return
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Transcribed Image Text:Current Attempt in Progress Your company is considering a capital project that will require a net initial investment of $299,978. The project is expected to have a 7- year life and will generate an annual net cash inflow of $52,560. Using the present value tables, what is the internal rate of return? (Round answers to 0 decimal places, e.g. 25) Click here to view the factor table. Internal Rate of Return eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer
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