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Homework: 3-1 MyFinanceLab Assignment Question list G Question 9 Question 15, P11-3 (similar to) Part 1 of 7 HW Score: 72%, 36 of 50

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Homework: 3-1 MyFinanceLab Assignment Question list G Question 9 Question 15, P11-3 (similar to) Part 1 of 7 HW Score: 72%, 36 of 50 points O Points: 0 of 1 Save (Net present value calculation) Big Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of $90,000 and will generate net cash inflows of $16,000 per year for 8 years. a. What is the project's NPV using a discount rate of 9 percent? Should the project be accepted? Why or why not? b. What is the project's NPV using a discount rate of 13 percent? Should the project be accepted? Why or why not? c. What is this project's internal rate of return? Should the project be accepted? Why or why not? a. If the discount rate is 9 percent, then the project's NPV is $ (Round to the nearest dollar.) Question 10 Question 11 Question 12 O Question 13 Question 14 Question 15 Clear all Check answer Help me solve this View an example Get more help

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