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Accounting

Problem:

The corporation is evaluating a project that will cost $150,000; it is expected to last for 8 years and produce before-tax cash flows, including depreciation, of $52,302 per year.

Required:

Question: If the firm's cost of capital is 14% and its tax rate is 40%, what is the project's IRR?

Note: Please provide through step by step calculations.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91169055

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