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Acme Company is expanding and expects operating cash flows of $42,000 a year for 4...

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Accounting

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Acme Company is expanding and expects operating cash flows of $42,000 a year for 4 years as a result. This expansion requires $140,000 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires a $6,000 investment in net working capital (assume NWC will be recovered at the end of the project). What is the IRR? 7.03% 7.54% 7.39% 7.25% 6.81%

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