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Internal Rate of Return Assignment | Homework For You

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May 28th, 2020

Professor Wendy Smith has been offered the following​ deal: A law firm would like to retain her for an upfront payment of $60,000. In​ return, for the next​ year, the firm would have access to eight hours of her time every month.​ Smith’s rate is  $642 per​ hour, and her opportunity cost of capital is 17% ​(equivalent annual​ rate, EAR). What is the IRR​ (annual)? What does the IRR rule advise regarding this​ opportunity? What is the​ NPV? What does the NPV rule say about this​ opportunity? Get Finance homework help todayHomework For You

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