What is the IRR for the following project if its initial after-tax cost is $5,000,000 and it is expected to provide after-tax operating cash inflows of $1,800,000 in year 1, $1,900,000 in year 2, $1,700,000 in year 3, and $1,300,000 in year 4?
A) 15.57%
B) 0.00%
C) 13.57%
D) 12.25%
C
You might also like to view...
Which of the following is a tip for writing more effectively for business purposes?
A. Use passive voice. B. Construct interesting, complex sentences. C. Don't use italics or bolding in business writing. D. Start by telling what you expect of the reader. E. Use narrow margins and minimal white space.
The Circle Trust reports some exempt interest income for the year. How does this investment income affect Circle’s deduction of its fiduciary fees? Charitable contributions?
What will be an ideal response?
Flagg Company issued $500,000 of bonds for $498,351, Interest is paid semiannually. The bond markets and the financial press are likely to state the bond issue price as
a. 498.35. b. 100.00. c. 99.67. d. 49.84.
The Income Summary account is credited in the entry that closes
A) the dividends account. B) expense accounts. C) net income. D) revenue accounts.