Project a costs 91000 today and the forecast payoff is an, Financial Management

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Project a costs 91000 today and the forecast payoff is an

Project A costs $91,000 today and the forecast payoff is an annual, uniform, finite annuity of $10,000 starting a year from today that ends in 15 years. Please calculate this project's IRR. Is it acceptable if the hurdle rate is 8%? Can this be solved without a financial calculator or excel?

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Financial Management: Project a costs 91000 today and the forecast payoff is an

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