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Piping Hot Food Service ( PHFS ) is evaluattig a capital budgeting project that costs $ 6 0 0 0 0 . The project is
Piping Hot Food Service PHFS is evaluattig a capital budgeting project that costs $ The project is expected to generate after tax cash flows equal to $ per year for six years. PHFSs required rate of return is percent..
a Compute the projects net present value NPV Do not round intermediate calculations. Round your answer to the nearest cent. Use a minus sign to enter a negative value if any
b Compute the projects internal rate of return IRR Round your answer to two decimal pplaces.
c Should the prroject be purchased?
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