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Q19. Dr. Seuss Inc. is considering the purchase of a hat making machine that costs $2,100. Assume a cost of capital of 10 percent and

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Q19. Dr. Seuss Inc. is considering the purchase of a hat making machine that costs $2,100. Assume a cost of capital of 10 percent and the following cash flow schedule: Year 1: $1100; Year 2: $1,210; Year 3: $1,331. Determine the project's NPV and IRR

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