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Anderson International Limited is evaluating a project in Erewnon. The project will create the following cash flows: Year 0 Cash Flow 21.230,000 405,000 470.000 365

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Anderson International Limited is evaluating a project in Erewnon. The project will create the following cash flows: Year 0 Cash Flow 21.230,000 405,000 470.000 365 000 320,000 All cash flows will occur in Erewnon and are expressed in dollars. In an attempt to improve its economy, the Erewhonian government has declared that all cash flows created by a foreign company are "blocked and must be reinvested with the government for one year. The reinvestment rate for these funds is 4 percent If Anderson uses a required return of 10 percent on this project. what are the NPV and IRR of the project? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e... 32.16. Enter your IRR as a percent.) NPV

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