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4) A project has an initial cost of $4.0M and expects positive cash flows of $560,000 for six years and $625,000 for jears seven through

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4) A project has an initial cost of $4.0M and expects positive cash flows of $560,000 for six years and $625,000 for jears seven through ten. What is the project's IRR? If your company's hurdle rate for projects of this risk is 8.5%, would you accept or reject the project

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