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4. Calculating NPV and IRR: A project that provides annual cash flows of $11,700 for nine years costs $63,000 today. Is this a good project

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4. Calculating NPV and IRR: A project that provides annual cash flows of $11,700 for nine years costs $63,000 today. Is this a good project if the required return is 8 percent? What if it's 20%? At what discount rate would you be indifferent between accepting the project and rejecting it

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