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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 $ 2
NPV and IRRBenson 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
aDetermine the net present valueNPV for the project.
bDetermine the internal rate of returnIRR for the project.
cWould you recommend that the firm accept or reject the project?
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