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nd 8 n/1 9% 10% 5 0.621 6 Present Value of an $1 7% 8% 0.713 0.681 0.666 0.630 0.623 0.583 0.582 0.540 0.544 0.500

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nd 8 n/1 9% 10% 5 0.621 6 Present Value of an $1 7% 8% 0.713 0.681 0.666 0.630 0.623 0.583 0.582 0.540 0.544 0.500 0.564 7 0.513 0.650 0.596 0.547 0.502 0.460 0.422 8 0.467 0.424 9 10 0.508 0.463 0.386 ni Present Value of an Ordinary Annuity 796 8% 99 4.100 3.993 3.890 4.767 4.623 4.486 10% 3.790 5 6 4.355 5.389 5.206 4.868 5.033 5.535 8 5.335 9 5.971 6.515 7.024 5.747 6,247 6.710 5.995 5.759 10 6.418 6.145 Cinderella has the opportunity to invest in a project with these details: $ 52,120 Cost of project UL Annual net cash inflows Company's minimum rate of return Company's discount rate 9 years $ 8.000 8% 8% The internal rate of return of this project is

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