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The newly proposed project has a cost of $65,125. Expected net cash inflows are $13,000 per year for 10 years. The cost of capital (in

The newly proposed project has a cost of $65,125. Expected net cash inflows are $13,000 per year for 10 years. The cost of capital (in the form of municipal bonds) is 11%. What is the projects payback period (to the closest year)? What is the projects NPV to the nearest dollar? What is the projects IRR? Based on these answers, should the project be accepted? Why or why not?

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