Business, 27.06.2019 09:30, chaseashley24

Tressor company is considering a 5-year project. the company plans to invest $90,000 now and it forecasts cash flows for each year of $27,000. the company requires that investments yield a discount rate of at least 14%. selected factors for a present value of an annuity of $1 for five years are shown below: interest ratepresent value of an annuityof $1 factor for year 510%3.790812%3.604814%3.4331 calculate the internal rate of return to determine whether it should accept this project.

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Tressor company is considering a 5-year project. the company plans to invest $90,000 now and it fore...