Mathematics, 10.12.2020 03:30 kirbymichellrow6zq9
Tressor company is considering a 5-year project. The company plans to invest $90000 now and its forecasts cash flow for each year is $27000. The company requires that investments yield a discount rate of at least 14%. Selected factors for a present value of an annuity of $1 for five years are shown below. Calculate the internal rate of return to determine whether it should accept this project
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Tressor company is considering a 5-year project. The company plans to invest $90000 now and its fore...
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