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Year Cash Flows ($) 0 $ 8,900 1 4,600 2 3,300 3 2,400 4 1,700 a. What is the IRR of this offer? (Do not

Year Cash Flows ($)
0 $ 8,900
1 4,600
2 3,300
3 2,400
4 1,700

a. What is the IRR of this offer? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
b. If the appropriate discount rate is 11 percent, should you accept this offer?
c. If the appropriate discount rate is 23 percent, should you accept this offer?
d-1.

What is the NPV of the offer if the appropriate discount rate is 11 percent?

d-2. What is the NPV of the offer if the appropriate discount rate is 23 percent?

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