An investment provides annual cash flows of $1200 for 7 years at a cost today...

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Finance

An investment provides annual cash flows of $1200 for 7 years at a cost today of $5200. a) If the companys cost of capital is 8% should they accept the project and why? b) And what if the required rate of return is 10%? c) Calculate the projects IRR (to the closest whole number).

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