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Best Industries is considering an investment project that has the following cash flows: Year 0............... $ -1,000,500 Year 1................... 250,000 Year 2.................... 120,000 Year 3....................

  1. Best Industries is considering an investment project that has the following cash flows:
  2. Year 0............... $ -1,000,500
  3. Year 1................... 250,000
  4. Year 2.................... 120,000
  5. Year 3.................... 460,000
  6. Year 4..................... 300,000
  7. The company's discount rate for such calculations is 10%
  8. For Best Industries what is the project's IRR?
    1. 11.00%
    2. 4.62%
    3. 10.06%
    4. 11.54%
  9. For Best Industries what is the NPV?
    1. $63,033
    2. $ -8,703
    3. -$123,545
    4. $ -1,889

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