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Business, 23.07.2021 02:10 joytheqt

Fly High Inc. intends to invest in a new airplane. Information regarding the investment in the airplane is given below: Project A Life of project 5 years Initial investment $33,277,644 Net annual after-tax cash inflow $7,900,000 The cost of capital for the company is 8%. Calculate the internal rate of return (IRR) for the new airplane. a.10% b.8% c.6% d.5%

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Fly High Inc. intends to invest in a new airplane. Information regarding the investment in the airpl...
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