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Merrill Corp. has the following information available about a potential capital investment: Assume straight line depreciation method is used. Calculate the project's net present value.

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Merrill Corp. has the following information available about a potential capital investment: Assume straight line depreciation method is used. Calculate the project's net present value. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round the final answer to nearest whole dollar.) Without making any calculations, determine whether the internal rate of return (IRR) is more or less than 7 percent. Less than 7 Percent Greater than 7 Percent Calculate the net present value using a 14 percent discount rate. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) (Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round the final answer to nearest whole dollar.) Without making any calculations, determine whether the internal rate of return (IRR) is more or less than 14 percent. More than 14 percent Less than 14 percent Equal to 14 percent

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