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Irvo Inc., a firm in the 34 percent marginal tax bracket with an 11.5 percent required rate of return, is considering a new project. This

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Irvo Inc., a firm in the 34 percent marginal tax bracket with an 11.5 percent required rate of return, is considering a new project. This project involves the introduction of a new product. This project is expected to last for six years and then will be terminated. Given the following information, calculate the free cash flows associated with the project, the project's net present value, the profitability index, and the internal rate of return.

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