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MartinCrane expects cash flows from a new project of $25,000 per year for the next 5 years. The project will require an investment of $40,000.

MartinCrane expects cash flows from a new project of $25,000 per year for the next 5 years. The project will require an investment of $40,000. Determine the NPV of the project if the required rate of return on such projects is 10%. Calculate the IRR. Show Work

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