Question: Please answer 10.11 providing excel formulas. Thank you 10.11 Internal rate of return: Refer to problem 10.4. What is the IRR that Franklin Mints management

Please answer 10.11 providing excel formulas.

Thank you

Please answer 10.11 providing excel formulas. Thank you 10.11 Internal rate of

10.11 Internal rate of return: Refer to problem 10.4. What is the IRR that Franklin Mints management can expect on this project? 10.4 Net present value: Franklin Mints, a confectioner, is looking to purchase a new jellybean-making machine at a cost of $312,500. The company management projects that the cash flows from this investment will be $121.450 for the next seven years. If the appropriate discount rate is 14 percent, what is the NPV for the project? Year 0 1 2 3 4 5 6 7 S S S S S S S S Cash Flow (312,500.00) 121.450.00 121,450.00 121.450.00 121,450.00 121.450.00 121,450.00 121,450.00 Discount rate 14% NPV = $ 208,314.62

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