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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 an initial

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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 an initial outiay of $110,000 and wit generate net cash intlows of $17,000 per yoar for 9 yoars. a. What is the project's NPV using a discount rate of 11 pescent? Should the project be accepted? Why or wiy not? b. What is the projoct's NPV using a discount rate of 16 percent? Should the project be accepted? Why or why not? c. What is this projoct's intornat rafe of teturm? Should the projoct be accopted? Why or why not? a. If the discount rale is 11 porcent, then the project's NPV is : (Round to the noarest dollar.)

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