What would be your maximum cost allowed

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Reference no: EM131519088

You are looking at a capital project that will provide the following returns:

Year 1: $15,000

Year 2: $20,000

Year 3: $15,000

If your cost of this project is $30,000, what would be the IRR? _______________

Based on the problem listed above, if you were required to obtain a 25% return on any project, what would be your maximum cost allowed?

Reference no: EM131519088

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