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Adidas has been offered a contract by USC Athletics to produce new gear for all student - athletes. The contract would last for four years

Adidas has been offered a contract by USC Athletics to produce new gear for all student-athletes. The contract would last for four years and Adidas's cash flow from the contract would be $2.5 million per year. Adidas's upfront setup costs to be ready to produce all the new gear would be $8.0 million. Their discount rate would be 6.0%.
a. What is the NPV of this project for Addidas? Should Addidas accept this project based on the NPV rule?
b. What is the project's IRR? Should Addidas accept this project based on IRR rule?
c. What is the project's payback period? Should Addidas accept this project if it requires a payback period of 3 years or less? (When answering this question, you can either provide precise number of years in your answer or round the result up to the nearest integer
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