A project that provides annual cash flows of $10,300 for 11 years costs $61,158 today. Required: (a)
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| A project that provides annual cash flows of $10,300 for 11 years costs $61,158 today. |
| Required: | |
| (a) | If the required return is 16 percent, what is the NPV for this project? |
| (b) | Determine the IRR for this project |
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