Business, 27.06.2020 21:01, naruto63

Sony Corporation has invested $ 5.1 million in developing super-thin TVs based on new organic light-emitting diode technology. The company plans to market the OLED TVs in an 11-inch size and produce 24,000 units for the first five years. The annual production and operating cost is estimated at $225 per unit and will be sold at $275 per unit. Determine the IRR for the investment if the study period is five years. The company MARR is 5% per year.

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Sony Corporation has invested $ 5.1 million in developing super-thin TVs based on new organic light-...