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The Jones Company is considering an investment with an initial cost of...

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Accounting

The Jones Company is considering an investment with an initial cost of $610,000 and annual cash inflows as follows. The company
requires a return of 12.0%.
Required:
Using the NPV function, compute the net present value of this investment.
Using the IRR function, compute the internal rate of return for this investment.
Using an IF statement, decide if the project should be accepted (cell A24), or rejected (cell B24).
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