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Assume the following cash flows for a capital budgeting opportunity: 0 1 2 3 (20,000) 8,000 11,000 7,000 If the discount rate is 20%, calculate

Assume the following cash flows for a capital budgeting opportunity:

0 1 2 3
(20,000) 8,000 11,000 7,000

If the discount rate is 20%, calculate the NPV and IRR. Should the project be accepted?

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