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NPV and IRR Benson Designs has prepared the following estimates for a long - term project it is considering. The initial investment is $ 3
NPV and IRR Benson Designs has prepared the following estimates for a longterm project it is considering. The initial investment is $ and the project will yield cash inflows of $ per year for years. The firm has a cost of capital of
a Determine the net present value NPV for the project.
b Determine the internal rate of return IRR for the project.
c Would you recommend that the firm accept or reject the project?
a The NPV of the project is $ Round to the nearest cent.
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