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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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