Business
Business, 01.07.2021 19:20, jamccoy3335

Kailey James Company is evaluating a capital expenditure proposal that requires an initial investment of $30,723, has predicted cash inflows of $5,000 per year for 10 years, and has no salvage value. (a) Using a discount rate of 8%, determine the net present value of the investment proposal. (Round to the nearest whole number.) $Answer 2,827 (b) Determine the proposal's internal rate of return. Round answer to the nearest whole percentage (for example, 0.34555

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