Builtrite Bank is setting up a brand new branch. The cost of the project will...
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Builtrite Bank is setting up a brand new branch. The cost of the project will be $4.2 million. The branch will create additional cash flows of $875,000 over the next eight years. The firm's cost of capital is 12 percent. What is the internal rate of return on this branch expansion? (Round to the nearest percent.) O 13% O 17% O 20% O 23% 
Builtrite Bank is setting up a brand new branch. The cost of the project will be $4.2 million. The branch will create additional cash flows of $875,000 over the next eight years. The firm's cost of capital is 12 percent. What is the internal rate of return on this branch expansion? (Round to the nearest percent.) 13% 17 : 208 23%
Builtrite Bank is setting up a brand new branch. The cost of the project will be $4.2 million. The branch will create additional cash flows of $875,000 over the next eight years. The firm's cost of capital is 12 percent.
What is the internal rate of return on this branch expansion? (Round to the nearest percent.)
O 13%
O 17%
O 20%
O 23%
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