Analyze nestle csr initiative plan focuses on society issues
This is a CSR project, and choose to nestle as our company Note: Please give answer on mentioned words (must add intext citation) and required
Problem 1: Hinkley wants to invest $5,000,000 in a project. He can earn $800,000 in the first year. He can earn $1,500,000 in the second year. After that, the return generated will increase by 5% each year (over the preceding year) until year 5. Calculate the closest IRR from the options given below.
A. 4%
B. 12%
C. 8%
D. 19%