Question: Intro A project costs $320,000 initially and will generate project cash flows of $50,000 every year for 7 years. The required return for the project
Intro
A project costs $320,000 initially and will generate project cash flows of $50,000 every year for 7 years. The required return for the project is 10%.
Part 1
What is the NPV of the project (in $)?
Part 2
What is the internal rate of return for the project?
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