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( NPV with varying required retes of retum ) Big Steve's, a maker of swizzle sticks, is considering the purchase of a new plastic stamping

(NPV with varying required retes of retum) Big Steve's, a maker of swizzle sticks, is considering the purchase of a new plastic stamping machine. This investment requires an inifial cullay of
$100,000 and will generate free cash inflows of $18,000 per year for 10 years.
a. If the required rate of retum is 5 percent, what is the project's NPV?
b. If the required rate of return is 20 percent, what is the project's NPV?
c. Would the project be accepted under part (a) or (b)?
d. What is the project's IRR?
a. If the required rate of retum is 5 percent, the project's NPV is $ (Round to the nearest cent.)
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