A new it server for a company will cost 42546900 today the, Ask an Expert

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A new IT server for a company will cost $425,469.00 today. The company expects the server will create an incremental cash flow to the firm of $141,695.00 per year. The company wants an 8.00% return for all capital budgeting projects. The company will run the server for the next 5 years. What is the IRR of this project? Answer Format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92861023

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