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Chadwick buys equipment for his business. He calculates the Net Present Value (NPV) to be ( $ 1,631.47 ) and Internal Rate of Return (IRR)
Chadwick buys equipment for his business. He calculates the Net Present Value (NPV) to be \\( \\$ 1,631.47 \\) and Internal Rate of Return (IRR) to be \\( 10.43 \\% \\). Based on the Net Present Value (NPV) of this investment, Chadwick should: Not invest in the equipment Abandon the investment and purchase collectible sneakers Invest in the equipment ONLY if he can secure a higher cot of capital Invest in the equipment Perform more analysis because the NPV and the IRR are negative
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