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per year for 8 years. The firm has a cost of capital of 9%. a. Determine the net present value (NPV) for the project. b.

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per year for 8 years. The firm has a cost of capital of 9%. 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? a. The NPV of the project is 9 . (Round to the nearest cent.)

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