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discount rate for this contract is 8.5%. a. What is the IRR? b. The NPV is $5.03 million, which is positive so the NPV rule

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discount rate for this contract is 8.5%. a. What is the IRR? b. The NPV is $5.03 million, which is positive so the NPV rule says to accept the project. Does the IRR rule agree with the NPV rule? a. What is the IRR? The IRR is o. (Round to two decimal places.)

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