The time horizon i years is there a meaningful irr is the, Business Economics

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The time horizon i years is there a meaningful irr is the

A project's first stage will cost $250K, and its second stage at the end of 6 years will cost $200K. Net annual revenue will begin at $50K and increase by $2K per year. The time horizon is 10 years. Is there a meaningful IRR? Is the project attractive? Construct the PB_t graph.

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