Initial investment required for project

Reference no: EM13127798

Cuarto Corporation just invested in a project that has an internal rate of return of 24%. This project is expected to generate $44,000 of net cash inflows each year of its 6 year life. The project has no salvage value. What was the initial investment required for this project?

A. $63,360

B. $72,600

C. $132,880

D. $160,000

Reference no: EM13127798

Questions Cloud

Identify two theories proposed by moral philosophers : Define in three to four sentences in your own words, what is moral reasoning and explain in three to four sentences why lawyers use analogy yo argue cases.

Fix grammar in paper : make this paper at least 1000 words and fix grammar

Children''s pastimes of today and yesterday : Children's pastimes of today and yesterday have evolved and developed over the last decade. There are still some similarities and many differences such as the toys and games they play, the activities and recreation available, and where or who they pl..

What volume of 0.45 m hcl solution would be needed : For the reaction 2 HCl + Na2CO3 → 2 NaCl + H2O + CO2 what volume of 0.45 M HCl solution would be needed to produce 2.5 L of CO2 at STP

Initial investment required for project : This project is expected to generate $44,000 of net cash inflows each year of its 6 year life. The project has no salvage value. What was the initial investment required for this project?

Plot the market-share data and discuss possible causes : Given the following data on Asian and European Share of U.S. Light Truck Sales(1990-2003): Plot the market-share data. (b) Describe the trend (if any) and discuss possible causes. (c) Fit three trends (linear, exponential, quadratic).

Design a heat exchanger for the following duty : Design and optimize a suitable shell-and-tube heat exchanger that can satisfy the above mentioned duty and fix a tentative geometry and perform all standard calculations

Explain why might sample not have the same melting range : Why might your sample not have the same melting range as either of the known compounds, given that it must be one of them?

Determining annual cost savings : He does remember that the machine has a projected life of 12 years. Based on these data, the annual cost savings are:

User Account

All Pages