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Jumbo Enterprises is evaluating an investment project with project cash flows (millions) as indicated below. The firm's cost of capital is 7.5%. What is the

Jumbo Enterprises is evaluating an investment project with project cash flows (millions) as indicated below. The firm's cost of capital is 7.5%. What is the NPV and IRR of this project?

WACC:

7.5%

Year

0

1

2

3

4

5

Cash flows

($millions)

-$350

$50

75

$120

$160

$190

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