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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