Thom Corporation is considering an investment opportunity with the following expected net cash inflows: Year 1, $230,000; Year 2, $370,000; Year 3, $360,000. The company uses a discount rate of 13%, and the initial cost of the investment is $720,000. The IRR of the project will be ________.
A) less than 13%
B) between 13% and 14%
C) between 14% and 15%
D) more than 13%
C) between 14% and 15%
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A company has 625 shares of $65 par value preferred stock outstanding. It also has 25,000 shares of common stock outstanding, and the total value of its stockholders' equity is $865,625. The company's book value per common share equals:
A. $33.00. B. $33.38. C. $33.78. D. $32.20. E. $34.63.
According to research, of the five facets of value-percept theory, which two facets have moderately strong influences on overall job satisfaction?
A. supervision satisfaction and altruism B. satisfaction with the work itself and promotion satisfaction C. promotion satisfaction and coworker satisfaction D. pay satisfaction and promotion satisfaction E. coworker satisfaction and supervision satisfaction
Stocks with low beta coefficients have higher required rates of return.?
Answer the following statement true (T) or false (F)
Hope's employer is now offering group-term life insurance. The company will provide each employee with $200,000 of group-term life insurance. It costs Hope's employer $700 to provide this amount of insurance to Hope each year. Assuming that Hope is 27 years old, use the table to determine the monthly premium that Hope must include in income as a result of receiving the group-term life benefit.EXHIBIT 12-10 Uniform Premiums for $1,000 of Group-Term Life Insurance ProtectionFive-Year Age BracketCost per $1,000 of Protection for One MonthUnder 25$0.0525 to 290.0630 to 340.0835 to 390.0940 to 440.1045 to 490.1550 to 540.2355 to 590.4360 to 640.6665 to 691.2770 and above2.06
What will be an ideal response?