Cirice Corporation Is Considering Opening A Branch In Another State The Operating Cash Flow Will Be 154 200 A Year Th 1 (20.01 KiB) Viewed 36 times
Cirice Corporation Is Considering Opening A Branch In Another State The Operating Cash Flow Will Be 154 200 A Year Th 2 (49.44 KiB) Viewed 36 times
Cirice Corporation is considering opening a branch in another state. The operating cash flow will be $154.200 a year. The project will require new equipment costing $601,000 that would be depreciated on a straight-line basis to zero over the 6-year life of the project. The equipment will have a market value of $183,000 at the end of the project. The project requires an initial investment of $42,500 in net working capital, which will be recovered at the end of the project. The tax rate is 21 percent. What is the project's IRR? Multiple Choice 1264 1672 16 28%
O 1264% O 16.72% 16.28% O 16.08% O 14.33%
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