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Use the following information for the next three problems, PV of Year Cash Flow Cash Flows 1 $14,000 $12,726 2 $14,000 $11,564 3 $10,000 $7,510

Use the following information for the next three problems,

PV of

Year

Cash Flow

Cash Flows

1

$14,000

$12,726

2

$14,000

$11,564

3

$10,000

$7,510

4

$10,000

$6,830

5

$8,000

$4,968

6. What is the NPV of above project if the initial investment was $35,000?

7. Calculate the IRR assuming a cost of capital of 11%.

8. Calculate the MIRR of the project assuming a cost of capital of 11%.

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