Engineering, 16.03.2020 20:01 maxB0846

NewTech has started a new product that has the first cost $500,000. Initial sales will be $50,000 per month, and they will increase by $5000 per month. The market is moving fast, and the product will be closed out in 2 years. What is the new product’s IRR for deciding whether to proceed?

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NewTech has started a new product that has the first cost $500,000. Initial sales will be $50,000 pe...