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Your professor has been presented with two exciting investment opportunities. The first business, Lambardis Silverworks, produces larte trophies lin the Kanalas city ares, The second
Your professor has been presented with two exciting investment opportunities. The first business, Lambardis Silverworks, produces larte trophies lin the Kanalas city ares, The second AllSTAPS Colf provides onlf lescons to athletes in Philadelphia. The trophy business requires an initial investment of $70,000 and produces cash flows of $20,000,535,000, and 5.41,000 ower the neet three years, respectively. The golf lessons business will require a smaller investment of $25,000 and produces cash flows of $5,000,$13,000, and $18,000. What is the IRR of the project that should boselected if interest ratesare 11:34\% IFint: Draw an NPV profile
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