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15. a) Please calculate the NPV of the following project. Cost today $156,000 with seven equal benefit payments of $30,000 each, beginning one year from

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15. a) Please calculate the NPV of the following project. Cost today $156,000 with seven equal benefit payments of $30,000 each, beginning one year from today and continuing for each year until seven years after the project begins. Assume an appropriate discount rate of 9 percent. b) Is this project acceptable? Why or Why Not? What about firm value? What about CFs? (1) c) Please calculate the IRR of the project. (2) d) If the hurdle rate is 9 percent, is the project acceptable? Why or Why Not

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