You have the following information about Burgundy Basins, a sink manufacturer. Burgundy is contemplating what...
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Accounting
You have the following information about Burgundy Basins, a sink manufacturer. Burgundy is contemplating what for the company is an average-risk investment costing $50 million and promising an annual ATCF of $5.5 million in perpetuity. a. What is the internal rate of return on the investment? Note: Round your answer to 2 decimal places. b. What is Burgundy's weighted-average cost of capital? Note: Round your answer to 2 decimal places
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