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Compute the NPV and IRR for an upcoming six-year capital equipment project. The project generates the following cash flows: 550 Million outflow in year zero,

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Compute the NPV and IRR for an upcoming six-year capital equipment project. The project generates the following cash flows: 550 Million outflow in year zero, S7 Million cash inflow per year in years one through five 515 Million cash inflow in year sk plus the project generates an additional $10 Million cash inflow in year six from the salvage (selling the project equipment for salvage). The CFO tells you, we assume the cash outflow happens at time zero and the cash inflows all happen at the end of each year (example year one cash flow comes at the end of year one and so forth). The company has a 14% cost of capital. Would you accept this project? Based upon your calculations for NPV and IRR, explain why or why not

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