Question: Problem 6 (20 points) Calculate the net present value of a project that requires an initial investment of $10,000 and will generate $13,000 in cost
Problem 6 (20 points) Calculate the net present value of a project that requires an initial investment of $10,000 and will generate $13,000 in cost savings for 10 years. The required rate of return is 8% (10 points) Calculate the IRR for a project that requires $21,000 in initial investment and is expected to generate annual cash inflows of $7,000 for 9 years (10 points)
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