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Big Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of $110,000 and

Big Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of $110,000 and will generate net cash inflows of $21,000 per year for 11 years. A. What is the projects NPV using a discount rate of 9%? Should the project be excepted? Why or why not? B. What is the project NPV using a discount rate of 14%? Should the project be excepted? Why or why not? C. What is the projects internal rate of return? Should the project be excepted? Why or why not?

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