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Business, 03.11.2020 16:20 BreBreDoeCCx

Wildhorse, Inc., a resort management company, is refurbishing one of its hotels at a cost of $6,336,382. Management expects that this will lead to additional cash flows of $1,460,000 for the next six years. What is the IRR of this project? If the appropriate cost of capital is 12 percent, should Wildhorse go ahead with this project?

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Wildhorse, Inc., a resort management company, is refurbishing one of its hotels at a cost of $6,336,...
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