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1. A project has and initial cost of $32,000, expected net cash inflows of $9,500 per year for 7 years, and a cost of capital

1. A project has and initial cost of $32,000, expected net cash inflows of $9,500 per year for 7 years, and a cost of capital of 10%

a. What is the projects NPV?

b. What is the projects IRR?

c. What is the projects payback period?

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