Solved

Muscle Company Is Investing in a Giant Crane

Question 19

Multiple Choice

Muscle Company is investing in a giant crane. It is expected to cost 6.5 million in initial investment and it is expected to generate an end of year cash flow of 3.0 million each year for three years. Calculate the IRR approximately.


A) 14.6 %
B) 16.4 %
C) 18.2 %
D) 22.1%

Correct Answer:

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