Determining the project irr
Problem:
A project has an initial cost of $40,000, expected net cash inflows of $90,000 per year for 7 years and a cost of capital of 11%.
Required:
Question: What is the project's IRR?
Note: Please show how to work it out.
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Question: What is the stock's current value per share? Note: Please explain comprehensively and give step by step solution.
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