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Sunny Company manufactures printer parts, and the CEO would like to invest in a new machine to reduce operating costs. The total cost of the

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Sunny Company manufactures printer parts, and the CEO would like to invest in a new machine to reduce operating costs. The total cost of the machine is $60,000 and the CEO predicts the following net cash flows for the next five years: (Use a financial calculator or Excel to arrive at the answers.) a. If the cost of capital is 13 percent, what is the NPV? (Round the final answer to the nearest whole dollar.) NPV $ b. What is the IRR? (Round the final answer to 2 decimal places.) IRR c. Should the project be accepted? Yes No

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