(IRR of an unerven cash flow stream) Miciowave. Oven Programming. Inc 15 considecing the construction...
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(IRR of an unerven cash flow stream) Miciowave. Oven Programming. Inc 15 considecing the construction of a new plant. The plant will have an initial cash ocelay of \$8 milion f = \$ 58 milice), and will produce casb flows of 53.7 million at the end of year 1,55.7 milion at the end of year 2 , and 517 million at the end of years 3 through 5 . What is the intemal tate of teturn on this new plant? The IRR of the project is 4. (Round to two decimal places)
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