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Question 3 1 pts The entrepreneur of a high-tech startup estimates that new software development will require an investment of $100 million. Incremental cash inflows

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Question 3 1 pts The entrepreneur of a high-tech startup estimates that new software development will require an investment of $100 million. Incremental cash inflows (cost savings) at the end of the first year are expected to be 55 million with $10 million coming at the end of the second year, and $30 million at the end of the third year in each of years - 7. the company expects a positive net cash flow of $60 million. The firm's cost of capital is estimated to be 13% The project's IRR is approximately 11.2% 24.5% 19.796 13.5%

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