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cookant2013m cookant2013m
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3 years ago
As the capital budgeting director for Chapel Hill Coffins Inc., you are evaluating construction of a new plant. The plant has a net cost of $5 million in Year 0 (today), and it will provide net cash inflows of $1 million at the end of Year 1, $1.5 million at the end of Year 2, and $2 million at the end of Years 3 through 5. Within what range is the plant's IRR?

▸ 14-15%

▸ 15-16%

▸ 16-17%

▸ 17-18%

▸ 18-19%
Textbook 
Corporate Finance Online

Corporate Finance Online


Edition: 2nd
Authors:
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Zainab G.Zainab G.
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3 years ago
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cookant2013m Author
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3 years ago
Thank you, thank you, thank you!
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Smart ... Thanks!
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Thanks
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