Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. a project has an initial cost of $190,000 and is e

A project has an initial cost of $190,000 and is estimated to produce cash flows...

80.2K

Verified Solution

Question

Finance

image

A project has an initial cost of $190,000 and is estimated to produce cash flows of $X at the end of each year for 9 years. If the internal rate of return for the project is 21.8% p.a. effective, calculate X (to the nearest dollar). a. $49874 b. $723829 c. $52196 d. $48116

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Consider the following information: Cash Flows ($) Project C0 C1 C2 C3 C4 A –6,200 2,200 2,200 2,900 0 B –1,500 0 1,000 3,200 4,200 C –3,800 2,200 1,300 1,700 1,200 a. What is the payback period on each of the above...

Finance
Q

a. Use standard cell potentials to show what reaction would occur if you placed a strip...

Chemistry
Q

DESIGN IN RAPTOR PROGRAMMING APP Le Chef Heureux Restaurant has 20 tables that can be reserved...

Programming
Q

describe the physiological functions of somatic motor neurons

Medical Sciences
Q

Find the following for the function f(x) = 4x + 2x - 4.(a) f(0)(b) f(4)(c)...

Basic Math
Q

2 10 pts We are told that 67 of the Missoula population has been skiing...

Statistics
Q

Tony and Suzie graduate from college in May 2021 and begin developing their new business....

Accounting
Q

Required: Gleason Guitars produces acoustic guitars. The table below contains budget and actual information for...

Accounting
Q

Able Transport operates a tour bus that they lease with terms that involve a fixed...

Accounting
Q

Regarding the Federal Trade Commission's (FTC's) penalties or remedies, which of the following statements is...

Accounting
Q

eBook Horizontal Analysis The comparative accounts payable and long-term debt balances for a company...

Accounting
Q

Create a pie chart showing the breakdown of occupations for each year in the Science...

Accounting