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Can anyone help? Pping Het Food Services (PMFS) is evaluating a capital budgeting project that costs $75,000. The project is expected to generate atter-tax cash
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Pping Het Food Services (PMFS) is evaluating a capital budgeting project that costs $75,000. The project is expected to generate atter-tax cash flows equal to $26,000 per year for four years. PHFS's required rate of return is 14 percent. a. Compute the project's net present value (NPV). Do not round intermediste calculations. Round your answer to the nearest cent. Use a minus sign to enter a negative value. if any. b. Compute the project's internal rate of retum (1RR). Round your answer to two decimal places. c. Should the project be purchased? The prosect be purchased Step by Step Solution
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