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(iRR of an uneven cash flow stream) Microwave Oven Programming. Ine is considering the constructon of a new plant. The plact will hime an initial

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(iRR of an uneven cash flow stream) Microwave Oven Programming. Ine is considering the constructon of a new plant. The plact will hime an initial cash outlay of 57.6 milion ( =57.6 millan) and wit produce cash foes of 53.4 milion at the end of year 1,55.3 millon at the end of year 2 , and 51.8 million at the end of yeari 3 through. 5 . What is the internal rale of feturn on that new plant? The sitip of tere propectis (Riound sa tas decimal places) If the appropriate discount rate on these projects is 11 percent, which would be chosen and why? The NPV of Project A is 1 (Round to the nearest cent.)

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