QUESTION-04 XYZ Company Ltd wants to invest Tk. 5 lacs in a new project. The duration of the project is 5 Years. The Company uses a straight-line method of depreciation. The Company tax rate is 40%...

Extracted text: QUESTION-04 XYZ Company Ltd wants to invest Tk. 5 lacs in a new project. The duration of the project is 5 Years. The Company uses a straight-line method of depreciation. The Company tax rate is 40% and has no salvage value. The cash flows of the company are BDT 120000, BDT 150000, BDT 130000, BDT 100000, and BDT 180000 respectively. If the cost of capital is 8%, then calculate the IRR of the project.