Hathaway inc a resort company is refurbishing one of its, Ask an Expert

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Hathaway, Inc., a resort company, is refurbishing one of its hotels at a cost of $7,424,321. Management expects that this will lead to additional cash flows of $1,768,100 for the next six years. What is the IRR of this project? If the appropriate cost of capital is 12 percent, should Hathway go ahead with this project?

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Category:- Financial Management
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