At what discount rate would the company be indifferent


Young Pharmaceuticals is considering a drug project that costs $2.41 million today and is expected to generate end-of-year annual cash flows of $209,000 forever.

At what discount rate would the company be indifferent between accepting or rejecting the project? (Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Discount rate %

Request for Solution File

Ask an Expert for Answer!!
Financial Management: At what discount rate would the company be indifferent
Reference No:- TGS02779777

Expected delivery within 24 Hours