If a project requires an initial investment of $25,000 and then is sold for $42,000 after 5
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If a project requires an initial investment of $25,000 and then is sold for $42,000 after 5 years, what is its NPV at an interest rate of 6%? What is its IRR?
If Dr. Smith buys a machine for $5,000 and is able to improve the earnings of her practice by $2,000 a year for five years, and then can sell the machine for $600 as scrap, what is the NPV at 15%? What is the IRR?
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