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A project requires an initial investment (contribution) of 8,000. It has a return of 5,000 at the end of 4 years and a return of

A project requires an initial investment (contribution) of 8,000. It has a return of 5,000 at the end of 4 years and a return of 5,414.21 at the end of 8 years. Then the project is over.

  1. Calculate the Net Present Value of this project at i = .03
  2. What is the Internal Rate of Return of this proje

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