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Question 16 10 pts Freeman's Fish Market is considering installing a new hoist to help lift and move seafood. Based on their calculations, the NPV

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Question 16 10 pts Freeman's Fish Market is considering installing a new hoist to help lift and move seafood. Based on their calculations, the NPV of the project is $55,000 at a cost of capital of 11%. Prior to making this investment, the Federal Reserve slashes interest rates, which decreases the cost of capital. All else equal, what will happen to the NPV and IRR of this project when the cost of capital decreases? O NPV will decrease; IRR will not change O NPV will increase; IRR will not change O NPV will increase; IRR will decrease O NPV will decrease; IRR will increase

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