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Considera capital expenditure project to purchase and install new equipment with an initial cash outlay of $20.000. The project is expected to a shows for

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Considera capital expenditure project to purchase and install new equipment with an initial cash outlay of $20.000. The project is expected to a shows for years ane at the end of the project a one time after tax cash flow of 9.000 lbs expected. The firm has a weighted average cost of capital of percent and requires a year paytadans les type Determine whether this project should be accepted or rejected using ERR Heject since IRR IS 23.42 percent and is less that percent Accept since 21 percent and is greater than 11 percent Accept since 17 percent and the percent Accept RS 23.42 percent and is greater than 0 percent Reject since IRR IS-1765 percent and is less than 0 percent

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