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Need part two answered please, will leave a review! intro A project requires an initial investment of $60 million and will then generate the same

image text in transcribedNeed part two answered please, will leave a review!

intro A project requires an initial investment of $60 million and will then generate the same cash flow every year for 8 years. The project has an internal rate of return of 13% and a cost of capital of 10%. Part 1 Attempt 1/2 for 10 pts. Without computation, what's your best guess of the project's NPV? must be positive positive or negative depending on the annual cashflow amount cannot tell anything about the NPV could be negative Correct Part 2 Attempt 1/3 for 10 pts. Compute the project's NPV (in \$ million)

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