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P1019 NPV and IRR Benson Designs has prepared the following estimates for a long-term project it is considering. The initial investment is $18,250, and the
P1019 NPV and IRR Benson Designs has prepared the following estimates for a long-term project it is considering. The initial investment is $18,250, and the project is expected to yield after-tax cash inflows of $4,000 per year for 7 years. The firm has a 10% cost of capital.
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Determine the net present value (NPV) for the project.
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Determine the internal rate of return (IRR) for the project.
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Would you recommend that the firm accept or reject the project? Explain your answer show work by hand please, not excel
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