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Problem 5-7 IRR rule You have the chance to participate in a project that produces the following cash flows: Co -4,300 Cash Flows ($) Of
Problem 5-7 IRR rule You have the chance to participate in a project that produces the following cash flows: Co -4,300 Cash Flows ($) Of 4,700 02 -10,500 a. The internal rate of return is 10.89%. If the opportunity cost of capital is 10%, what is the NPV of the project? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV b. Would you accept the offer? Yes O No
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