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A $220,000 capital investment will produce annual profits of $42,000 for the first five years and $33,000 for the next five years. It will have

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A $220,000 capital investment will produce annual profits of $42,000 for the first five years and $33,000 for the next five years. It will have no residual value. a. What is its IRR? (Round your answer to 1 decimal place.) The investment's IRR is % b. Should it be undertaken if the cost of capital is 11%? The investment (Click to select) be undertaken A $220,000 capital investment will produce annual profits of $42,000 for the first five years and $33,000 for the next five years. It will have no residual value. a. What is its IRR? (Round your answer to 1 decimal place.) The investment's IRR is % b. Should it be undertaken if the cost of capital is 11%? The investmen (Click to selech e undertaken should should not

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