Business
Business, 01.11.2019 06:31, balwinderdev

Your company is considering a project which requires a $30,000 initial investment with a predicted salvage value at the end of its six year useful life of $8,000. you expect an annual return of $6,000 for the six year study period. additionally, the equipment will require an overhaul costing $1,000 at the end of the third year. evaluate the project using the irr method and a marr of 8.5%.

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