As the capital budgeting director for Chapel Hill Coffins Inc., you are evaluating construction of a new plant

The plant has a net cost of $5 million in Year 0 (today), and it will provide net cash inflows of $1 million at the end of Year 1, $1.5 million at the end of Year 2, and $2 million at the end of Years 3 through 5. Within what range is the plant's IRR?
A) 14-15%
B) 15-16%
C) 16-17%
D) 17-18%
E) 18-19%


E

Business

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Answer the following statement true (T) or false (F)

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A. supervisory support B. work group support C. organizational support D. coordinated support

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Variable cost is $6 per unit, and fixed costs are $8,000 per month. If Divine expects to sell 1,500 units, compute the margin of safety in units. (Round any intermediate calculations and your final answer to the nearest whole unit.) A) 444 units B) 1,056 units C) 1,500 units D) 19 units

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