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10 points Consider a capital expenditure project to purchase and install new equipment with an initial cash outlay of 519.000. The project is expected to

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10 points Consider a capital expenditure project to purchase and install new equipment with an initial cash outlay of 519.000. The project is expected to generate netter tax cash flows each year af 100 for five years and at the end of the project, a one-time after-tax cash flow of $2.500 is expected. The firm has a weighted average cost of capital of 10 percent and requires a 5-year payback on projects of the type Determine Whether this project should be accepted or rejected using IRA Reject since IRR IS-20.09 percent and is less than 10 percent Accept since I is 20,09 percent and is greater than 10 percent Accept since is 20:09 percent and is greater than percent Reject since IRR -30.86 percent and is less than 10 percent Accept since IRR IS 30.85 percent and is greater than 0 percent

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