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Oriole Corp. management is planning to convert an existing warehouse into a new plant that will increase its production capacity by 45 percent. The cost

Oriole Corp. management is planning to convert an existing warehouse into a new plant that will increase its production capacity by 45 percent. The cost of this project will be $6,054,713. It will result in additional cash flows of $1,666,200 for the next eight years. The discount rate is 15.00 percent. a. What is the payback period in years?

b. What is the NPV for this project?

c. What is the IRR?

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