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Your firm is considering a project that will cost $4.471 million up front, generate cash flows of $3.47 million per year for 3 years, and

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Your firm is considering a project that will cost $4.471 million up front, generate cash flows of $3.47 million per year for 3 years, and then have a cleanup and shutdown cost of $6.01 million in the fourth year. a. How many IRRs does this project have? b. Create an NPV profile for this project (plot the NPV as a function of the discount rate-see the appendix). (NOTE: students will solve this question part using Excel only. A student response is not included in MyFinanceLab). c. Given a cost of capital of 10.1% should this project be accepted? You are evaluating a project that will cost $466,000, but is expected to produce cash flows of $122,000 per year for 10 years, with the first cash flow in one year. Your cost of capital is 11.1% and your company's preferred payback period is three years or less. a. What is the payback period of this project? b. Should you take the project if you want to increase the value of the company

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