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A project that provides annual cash flows of $2,500 for 10 years costs $11,800 today. Required: (a) If the required return is 10 percent, what

A project that provides annual cash flows of $2,500 for 10 years costs $11,800 today.

Required:
(a) If the required return is 10 percent, what is the NPV for this project?

(b) Determine the IRR for this project.

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