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Edelman Engineering is considering a piece of equipment in this year's capital budget. The cash outlay for the truck is - $21,400. The firm's cost of capital, WACC, is 14 percent. The expected cash inflows are as follows: YEAR Free Cash Flow 1 $5,500 2 $5,500 3 $5,500 4 $5,500 $7,500 a. Calculate the NPV. b. Calculate the MIRR. 5