Project costs $52,125. The project's expected cash revenues are $30,000 per year for 8 years...

50.1K

Verified Solution

Question

Finance

image
Project costs $52,125. The project's expected cash revenues are $30,000 per year for 8 years and the costs (including taxes) will be $20,000 per year. What is the project's IRR? 8.13% O 10.64% 12.89% O 15.88% O 17.22%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students