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Your venture has signed a new consulting contract that will require you to invest in new analytical software and a new computer. The contract will

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Your venture has signed a new consulting contract that will require you to invest in new analytical software and a new computer. The contract will generate the following periodic cash flows. You have used bank credit to finance the cost of the software and hardware. The financing rate is 6%. Cash flows generated from the project will be reinvested at 2%. The MIRR of the project is between 4.5% and 4.75%. True False

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