Business
Business, 06.12.2021 18:30, grosst4333

Rocky Road Company is evaluating a capital expenditure proposal that has the following predicted cash flows: Initial investment $(85,000)
Operation
Year 1 30,500
Year 2 60,000
Year 3 31,000
Salvage 0

Required:
a. Using a discount rate of 14 percent, determine the net present value of the investment proposal.
b. Determine the proposal's internal rate of return.

answer
Answers: 3

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