Calculate the project internal rate of return

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How to solve this Because schools are exempt from taxes, the school's corporate tax rate is 0 percent. initial cost of the buses is $600,000 in 5 years

Question 1: A business consultant has advised management that they should use a weighted average cost of capital (WACC) of 10.5% to evaluate this project. Calculate the project's Internal Rate of Return (IRR). Explain all steps involved in the calculation process.

Reference no: EM132488012

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