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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
| 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? |
| (Click to select) $3,001.17 $3,301.29 $3,601.4 $3,961.54 $2,701.05 | |
| (b) | Determine the IRR for this project. |
| (Click to select) 15.28 %16.81 %18.34 %20.17 %13.75 |
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