Blanshan Company is considering the purchase of a computer-aided manufacturing system.The after-tax cash benefits/savings associated with the system are as follows:
- The system will cost $9,000,000 and will last ten years.The company's cost of capital is 12 percent.
Which of the following best describes the IRR for this project?

Question

Blanshan Company is considering the purchase of a computer-aided manufacturing system.The after-tax cash benefits/savings associated with the system are as follows: 
- The system will cost $9,000,000 and will last ten years.The company's cost of capital is 12 percent.
Which of the following best describes the IRR for this project?

Quizplus · Accepted Answer

The Answer of Blanshan Company is considering the purchase of a computer-aided manufacturing system.The after-tax cash benefits/savings associated with the system are as follows: 
- The system will cost $9,000,000 and will last ten years.The company's cost of capital is 12 percent.
Which of the following best describes the IRR for this project?

Blanshan Company Is Considering the Purchase of a Computer-Aided Manufacturing