EBK CORPORATE FINANCE
EBK CORPORATE FINANCE
4th Edition
ISBN: 8220103164535
Author: DeMarzo
Publisher: PEARSON
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Chapter 7, Problem 18P
Summary Introduction

To determine: The IRR of the investment

Introduction:

IRR helps to make capital-budget decisions. IRR relies on the cash inflows and outflows of the project, instead of the external data. The project should be accepted if the IRR of the project exceeds a hurdle rate.

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EBK CORPORATE FINANCE

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