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NPV and IRR Gigantic Group has prepared the following estimates for a long-term expansion project. The initial investment is exist248, 250, and the project is
NPV and IRR Gigantic Group has prepared the following estimates for a long-term expansion project. The initial investment is exist248, 250, and the project is expected to yield after-tax cash inflows of exist65,000 per year for 5 years. The firm has an 8% cost of capital. 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? Explain your
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