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. Projected Net Cash Flows Year 1. . . . . . . . . . . . . . . .$260,000 Year 2. .

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  1. Projected Net Cash Flows

    Year 1. . . . . . . . . . . . . . . .$260,000

    Year 2. . . . . . . . . . . . . . . .$250,000

    Year 3. . . . . . . . . . . . . . . .$226,000

    Year 4. . . . . . . . . . . . . . . .$210,000

    Year 5. . . . . . . . . . . . . . . .$205,000

    Year 6. . . . . . . . . . . . . . . $177,000

R Johnson Company is contemplating a project with an investment that costs $1,000,000. The cost of money or discount rate is 10%. What is the NPV and IRR? Please use your financial calculator to solve this problem.(For example-[CPT), [Down Arrow], (IRR), etc.) You must show what keys you used, sequence, etc. or no credit will be given. Based upon the following cash flow data, should th company go ahead with the project? Why or why not? Please explain ( You will lose points if you do not explain) You must use your financial calculator to solve this problem or no credit. You must show the sequence of keys used ( i.e. [CPT] [ENTER] [CF], etc.) or no credit. Your answer must reflect 4 decimal places to the right of the decimal point or no credit

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