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

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Your factory has been offered a contract to proouce a part for a new premer. The contract would last for three years, and your cash flows from the contrad would be 35.03 mition per yoar. Your uptront setup costs to be ready to produce the part would be $7.95 millon. Your dacount rase for this contract is 7.8%. a. What is the IRR? b. The NPV is 55.00 mition. which is posiove so the NPV rule says to accept the propect. Does the aRR nle agreo with the NPY rule? a. What is the IRR? The IRR it W. (Hound to two decimal places.)

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