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Northern Distributors expects a 1 7 % rate of return on their investments. They are considering a 1 5 - year project which will cost

Northern Distributors expects a 17% rate of return on their investments. They are considering a 15-year project which will cost them $100,000 immediately, $10,000 each year for years 2 to 6, $ 20.000 each year for years 7 to 11 and $25,000 each year for the years 12 to 15 of the project. Should they take on the project if it will return $30,000 at the end of each year for the first 3 years, $40,000 at the end of each year in the next 4 years, and $60,000 at the end of each year for the last 8 years?
a) Prepare a fully documented timeline of all cash flows
b) Calculate the NPV of the project.

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