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Question #9 Calculating NPA and IRR LO1,5 A project that provides annual cash flows of $11,700 for nine years costs $63,000 today is the a

Question #9

Calculating NPA and IRR LO1,5 A project that provides annual cash flows of $11,700 for nine years costs $63,000 today is the a good project if the required return is 8 percent? What if its 20 percent? At what discount rate would you be indifferent between accepting the project the project and rejecting it?

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