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A project that provides annual cash flows of $2,900 for 9 years costs $13,700 today. Required: (a) If the required return is 10 percent, what

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A project that provides annual cash flows of $2,900 for 9 years costs $13,700 today. Required: (a) If the required return is 10 percent, what is the NPV for this project? $3,001.17 (b) Determine the IRR for this project. 15.28%

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