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Assume you are a financial analyst evaluating a capital investment project for Apple. The project requires an initial investment of $5,000,000 and is expected to
Assume you are a financial analyst evaluating a capital investment project for Apple. The project requires an initial investment of $5,000,000 and is expected to generate annual cash inflows of $1,500,000 for the next five years. Calculate the project's:
- Net present value (NPV) using a discount rate of 10%.
- Internal rate of return (IRR). Present your calculations in a paragraph format, and provide recommendations on whether Apple should undertake the investment based on the analysis.
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