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what would this be? Brown & Associates has been offered a 4 year contract to supply the computing requirements of a local bank. Assume the
what would this be?
Brown \& Associates has been offered a 4 year contract to supply the computing requirements of a local bank. Assume the following information: Brown \& Associates will purchase the computer equipment and will be responsible for the maintenance. The working capital would be released at the end of the contract. Brown \& Associates requires a 9% return. Cash Flow Description Years Amount 9% Factor Present Value Net Present Value Is this an acceptable project, based on NPV? Without doing any calculations, what can you tell me about the project's internal rate of return? Is it higher, lower, or equal to the discount rate? How do you know Step by Step Solution
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