Assume Research In Motion invested $834 million to expand its manufacturing capacity.
Assume Research In Motion invested $834 million to expand its manufacturing capacity. Assume that these assets have a seven-year life, and that Research In Motion requires a 12% internal rate of return on these assets.What is the amount of annual cash flows that Research In Motion must earn from these projects to have a 12% internal rate of return? (Hint: Identify the seven-period, 12% factor […]