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( Net present value calculation ) Big Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires

(Net present value calculation) Big Steve's, makers of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial outlay of $90,000 and will generale net cash inflows of $21,000 per year for 9 years.
a. What is the project's NPV using a discount rate of 8 percent? Should the project be accepted? Why or why not?
b. What is the project's NPV using a discount rate of 17 percent? Should the project be accepted? Why or why not?
c. What is this project's internal rale of return? Should the project be accepled? Why or why nol?
a. If the discount rale is 8 percent, then the project's NPV is $ (Round to the nearest dollar)
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