FINANCE-Boulderado has come up with a new composite snowboard

Boulderado has come up with a new composite snowboard. Development will take Boulderado four years and cost $250,000 per year, with the first of the four equal investments payable today upon acceptance of the project. Once in production the snowboard is expected to produce annual cash flows of $200,000 each year for 10 years. Boulderado’s discount rate is 10%.The IRR for Boulderado’s snowboard project is closest to:A) 10.4%B) 10.0%C) 11.0%D) 15.1%

Order your essay today and save 30% with the discount code: KIWI20