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A project that provides annual cash flows of $21,500 for7years costs $83,000today. a. If the required return is11percent, what is the NPV for this project?

A project that provides annual cash flows of $21,500 for7years costs $83,000today.

a.If the required return is11percent, what is the NPV for this project?

b.Determine the IRR for this project.

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