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Problem #5 Jaimee's Gemelli, Ltd. projects the following cash flows regarding an intended capital expenditure scheduled for January 1, 2021: Original investment January 1, 2021

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Problem #5 Jaimee's Gemelli, Ltd. projects the following cash flows regarding an intended capital expenditure scheduled for January 1, 2021: Original investment January 1, 2021 6,085,818 Incremental cash flows (end of) year 1 year 2 year 3 year 4 2021 2022 2023 2024 1,600,000 1,800,000 2,000,000 2,200,000 Required: a. Calculate the net present value assuming a 8% required rate of return b. Calculate the internal rate of return

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