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Intro Better Biscuits is planning to make and sel a new cookie and expects the following cash flows at the end of each year: Year

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Intro Better Biscuits is planning to make and sel a new cookie and expects the following cash flows at the end of each year: Year CF (in $ million) w No Part 1 B Attempt 1/10 for 10 pts. If the company requires a return of 14% from this project, what is the NPV (in $ million)? 11. decimals Submit Part 2 To Attempt 1/5 for 10 pts. Based on the IRR criterion, we should accept a project if the IRR is O greater than 1 Ogreater than the required return O negative O positive Submit

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