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: Consider the following project: Year Y0 Y1 Y2 Y3 Y4 Y5 Y6 Cash Flow $10 $5 $8 $3 $3 $3 $6 a) What is

: Consider the following project:

Year Y0 Y1 Y2 Y3 Y4 Y5 Y6

Cash Flow $10 $5 $8 $3 $3 $3 $6

a) What is the IRR?

b) What is the payback time?

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