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Your factory has been offered a contract to produce a part for a new printer. The contract would last for three years and your cash

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Your factory has been offered a contract to produce a part for a new printer. The contract would last for three years and your cash flows from the contract would be $507 million per year Your upfront setup costs to be ready to produce the part would be 57 93 million Your discount rate for this contract is 78% a. What is the IRR? b. The NPV is 55.18 million, which is positive so the NPV rule says to accept the project. Does the IRR ruler agrow with the NPV rule? Its to practic a. What is the IRR? The IRR is % (Round to two decimal places.)

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