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5. A business venture is expected to require a $200,000 outlay at its inception, then to provide cash flows as shown below. Given a 14%

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5. A business venture is expected to require a $200,000 outlay at its inception, then to provide cash flows as shown below. Given a 14% RRR, evaluate by both NPV and IRR methods Years 1-2 3.7 8-11 13-15 16 Incremental CFAT (000s of $) O 65 80 65 (12) 12 0

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