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A project that provides annual cash flows of $2,800 for 8 years costs $12,100 today. Required: (a) If the required return is 9 percent, what
A project that provides annual cash flows of $2,800 for 8 years costs $12,100 today. |
Required: | |
(a) | If the required return is 9 percent, what is the NPV for this project? |
(Click to select) $3,397.49 $3,737.24 $4,076.99 $4,484.69 $3,057.74 |
(b) | Determine the IRR for this project. |
(Click to select) 16.16% 17.77% 19.39% 21.33% 14.54% |
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