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7-8 You are offered the chance to participate in a project that produces the following cash flows: The internal rate of return is 14.5%. a.

7-8
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You are offered the chance to participate in a project that produces the following cash flows: The internal rate of return is 14.5%. a. If the opportunity cost of capital is 13%, what is the net present value of the project? Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places. b. Will you accept the offer? Yes No

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