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A project that provides annual cash flows of $3,100 for 8 years costs $13,400 today. Required: (a) If the required return is 10 percent, what
| A project that provides annual cash flows of $3,100 for 8 years costs $13,400 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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