A project that provides annual cash flows of 2500 for 7


A project that provides annual cash flows of $2,500 for 7 years costs $9,400 today.

Required:

(a) If the required return is 9 percent, what is the NPV for this project?

(b) Determine the IRR for this project.

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Financial Management: A project that provides annual cash flows of 2500 for 7
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