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Based upon the following cash flows, Using IRR should Nick Als Cookie Company introduce a new product, Rolling In Bulla? The initial investment is $180,000,

Based upon the following cash flows, Using IRR should Nick Als Cookie Company introduce a new product, Rolling In Bulla? The initial investment is $180,000, and the cost of capital is 30% and a comparative rate of 40%

1 $70,000

2 $85,000

3 $85,000

4 $100,000

5 $100,000

6 $100,000 (7 marks)

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