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Evaluate the potential investment in renewable energy infrastructure by NextEra Energy, Inc. Given the following details: Initial investment: $1.5 billion Expected annual cash flows: $300

  1. Evaluate the potential investment in renewable energy infrastructure by NextEra Energy, Inc. Given the following details:
  • Initial investment: $1.5 billion
  • Expected annual cash flows: $300 million for 10 years
  • Cost of capital: 8% Calculate the net present value (NPV) and internal rate of return (IRR) of this investment and provide recommendations.

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