The SLM Co. is planning on investing in a new project. This will involve the purchase of some new machinery costing $350
Posted: Sun Jul 03, 2022 6:42 am
The SLM Co. is planning on investing in a new project. This will involve the purchase of some new machinery costing $350,000. The project is expected to generate cash inflows of $125,450 each year for 4 years. If the appropriate discount rate is 15.00%, what is the Internal Rate of Return (IRR) for this project? 24.30% 21.00% 13.45% 16.15% 15.00%