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The capital budgeting director of Yucca Corporation is evaluating a project which costs $200,000 and is expected to last for 10 years. The project will

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The capital budgeting director of Yucca Corporation is evaluating a project which costs $200,000 and is expected to last for 10 years. The project will produce after-tax cash flows of $32,510 per year. However, in the final year, Yucca Corp will receive the last cashflow but are required by the EPA to pay a $20,000 charge for site cleanup. If the firm's required rate of return is 10 percent, what is the project's IRR? Do you recommend they take the project, and why or why not? Would it change your decision if the EPA didn't require the final clean-up charge? Why or why not

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