Business
Business, 24.04.2020 18:28, lyn94

Autonumerics, Inc. has just invested $600,000 in a manufacturing process that is estimated to generate an after-tax annual cash flow of $250,000 in each of the next five years. At the end of year 5, no further market for the product and no salvage value for the manufacturing process are expected. If a manufacturing problem delays plant start-up for one year (leaving only four years of process life), compute the revised annual cash flow to maintain the same internal rate of return as if no delay had occurred?

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