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computing net present value ( NPV ) and internal rate of return ( IRR ) A firm has the following investment alternatives: Cash Inflows Year

computing net present value (NPV) and internal rate of return (IRR) A firm has the following investment alternatives:
Cash Inflows
Year A B C
1 $400 $--- $---
2400400---
3400800---
44008001,800
Each investment costs $1,400, and the firm's cost of capital is 10 percent.
a. What is each investment's internal rate of return?
b. Should the firm make any of these investments?
c. What is each investment's net present value?
d. Should the firm make any of these investments?

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