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Maxmillan Corp is planning to buy a new computer for $780,000 with a useful life of six years. At the end of six years, the

Maxmillan Corp is planning to buy a new computer for $780,000 with a useful life of six years. At the end of six years, the system will have no value. Over the six years the system will save them $250,000 each year for the first three years and $150,000 each year for the last three years. What is the NPV and IRR of the project if Maxmillan requires a return of 16% on its projects. Would you advise Maxmillan to accept the project? Why

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