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NPV and IRR Benson Designs has prepared the following estimales for a long-lem projoct it is considering. The initial investment is 565,410 , and the

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NPV and IRR Benson Designs has prepared the following estimales for a long-lem projoct it is considering. The initial investment is 565,410 , and the project will yield cash inlows of 57,000 per year for 14 year. The firm has a cost of capital of 14% a. Determine the net present valuo (NPV) for the project. b. Deternine the interna rate of retum (RRA) for the project c. Would you recommend that the fmm accept or reject the project? a. The NPV of the project is ! (Round to the nearest cent.)

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