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Evaluate a capital budgeting proposal for General Electric (GE). The project requires an initial investment of $50 million and is expected to generate cash flows

Evaluate a capital budgeting proposal for General Electric (GE). The project requires an initial investment of $50 million and is expected to generate cash flows of $10 million per year for the next six years. Present the cash flows in a table format and calculate the project's net present value (NPV), internal rate of return (IRR), and payback period. Assess the viability of the project based on the results.

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