Business
Business, 27.11.2019 22:31, PompousCoyote

Modern federal bank is setting up a brand-new branch. the cost of the project will be $1.2 million. the branch will create additional cash flows of $235,000, $412,300, $665,000 and $875,000 over the next four years. the firm's cost of capital is 12 percent. what is the internal rate of return on this branch expansion? (do not round intermediate computations. round final answer to the nearest percent.)

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Modern federal bank is setting up a brand-new branch. the cost of the project will be $1.2 million....

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