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Project A requires an Initial (Year 0) Investment of $470,000 and will generates positive Net Cash Flows of $120,000 for the first 3 years

 

Project A requires an Initial (Year 0) Investment of $470,000 and will generates positive Net Cash Flows of $120,000 for the first 3 years of its life, $140,000 for the next three years and 75,000 in its last year (Year 7). What is the Internal Rate of Return (IRR) of Project A? (6 points) What is the Net Present Value (NPV) of the project @ 10% ? (5 points)

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