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(NPV with varying required rates of return) Big Steve's, a maker of swizzle sticks, is considering the purchase of a new plastic stamping machine. This

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(NPV with varying required rates of return) Big Steve's, a maker of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an initial cutlay of $110,000 and will generate free cash inflows of $18,500 per year for 13 years. a. If the required rate of return is 5 percent, what is the project's NPV? b. If the required rale of return is 15 percent, what is the projects NPV? c. Would the project be acoepted under part (a) of (b)? d. What is the project's IRR? a. If the required rate of return is 5 percent, the projects NPVis $ (Round to the noarest cont.)

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