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ng Company! Last Tuesday, Fuzzy Button Clothing Company lost a portion of its planning and finance data wherlo serve and its backup server crashed. The

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ng Company! Last Tuesday, Fuzzy Button Clothing Company lost a portion of its planning and finance data wherlo serve and its backup server crashed. The company's CFO remembers that the Internal rate of retur (IRR) of Project Omicron is 13.20%, but he can't recall how much Furry Button originally Invested in the project nor the project's net present value (NPV). However, he found a note that contained the annual retash flows expected to be generated by Project Omicron. They are: Year Cash Flow 1 2 $2,000,000 3,750,000 3,750,000 3,750,000 3 4 The CFO has asked you to compute Project Omicron's initial investment using the information currently available to you. He has affered the following suggestions and observations: A project's IRR represents the return the project would generate when its NPV is zero or the discounted value of its cash inflows equals the discounted value of its cash outflows when the cash flows are discounted using the project's IRR. The level of risk exhibited by Project Omicron is the same as that exhibited by the company's average project, which means that Project Omicrons net cash flows can be discounted using Fuzzy Button's 8.00% desired rate of return. and its NPV (both rounded to the nearest whole Given the data and hints Project Omicron's Initial investments dollar

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