Calculate the internal rate of return on the following project. The project will not change the firm’s market risk. If the firm’s cost of capital is 12%, should management ace pt the project? (15 pts)
Year |
Cash Flows |
0 |
P 751,150 |
1 |
400,000 |
2 |
300,000 |
3 |
200,000 |
4 |
100,000 |
With solution pls thank you!
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