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Photo's R Us will invest $160,000 in a project that will produce the cash flow shown below. The cost of capital is 11%. Should the

image text in transcribed Photo's R Us will invest $160,000 in a project that will produce the cash flow shown below. The cost of capital is 11%. Should the project be undertaken? Your answer must be based on the net present value (NPV), the internal rate of return (IRR), and the modified internal rate of return (MIRR) techniques of capital budgeting analysis: (3+3+2+2)

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