A project costs 14,000 now and will produce one and only one net cash inflow...
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Finance
A project costs 14,000 now and will produce one and only one net cash inflow of 125,000. That will be paid 27 years from now. The required rate of return on this project is 9% compounded annually
A. What is the internal rate of return on this project ( determine algebraically.)
B. Should you invest in this project?
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