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A capital project has an initial investment of $150,000 and cash flows in years 1-6 of $45,000, $25,000, $55,000, $20,000, $20,000, and $60,000, respectively. Given

A capital project has an initial investment of $150,000 and cash flows in years 1-6 of $45,000, $25,000, $55,000, $20,000, $20,000, and $60,000, respectively. Given a 12 percent cost of capital,

(a) compute the net present value.

(b) compute the internal rate of return

(c) should the project be accepted? Why or why not?

*Please answer in excel if you can.* Thank you in advance! :)

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