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Please show me the steps by financial calculator if that's possible! Specially , part B and C E Homework: Homework Ch 10 Question 6, P10-18

Please show me the steps by financial calculator if that's possible!

Specially , part B and C

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E Homework: Homework Ch 10 Question 6, P10-18 (similar to) Part 4 of 4 > HW Score: 85.71%, 6 of 7 points Points: 0.5 of 1 Save IRR, investment life, and cash inflows Oak Enterprises accepts projects earning more than the firm's 12% cost of capital. Oak is currently considering a 10-year project that provides annual cash inflows of $35,000 and requires an initial investment of $240.900. a. Detemine the IRR of this project. Is it acceptable? b. Assuming that the cash intlows continue to be $35,000 per year, how many additional vects would the flows have to continue to make the project acceptable (that is, to make it have an IRR of 12%)? c. With the given life, an initial investment of $240,900, and cost of capital of 12%, what is the minimum annual cash inflow the investment would have to provide in order for this project to make sense for Oak's shareholders? a. The project's IRR is 7.44 %. (Round to two decimal places.) Is the project acceptable? (Select the best answer below.) O A Yes B. No b. Assuming that the cash inflows continue to be $35,000 per year, the number of additional years the flows would have to continue two decimal places.) make the project acceptable at the 12% discount rate is 5.43 additional years. (Round to c. With the given life, initial investment, and cost of capital, the minimum annual cash inflow that the fim should accept is $ 42,635.49. (Round to the nearest cent.) Help me solve this View an example Get more help Similar

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