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a. if the cost of capital is 10 percent, what is the NPV. b. What is the IRR? c. Should the project be accepted? Why.

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a. if the cost of capital is 10 percent, what is the NPV.

b. What is the IRR?

c. Should the project be accepted? Why.

I will need step by step explanation plus answers.

24. The Green Goddess Company is considering the purchase of a new machine that would increase the speed of manufacturing tires and save money. The net cost of the new machine is $45,000. The annual cash flows have the following projections. a. If the cost of capital is 10 percent, what is the NPV? b. What is the IRR? \&. Should the project be accepted? Why

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