Determine the projects internal rate of return irr and its, Finance Basics

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Determine the projects internal rate of return irr and its

Construct an NPV profile for a capital budgeting project that costs $64,000 and is expected to generate $18,200 per year for five years. Using the NPV profile, determine the project's internal rate of return (IRR) and its net present value (NPV) at required rates of return equal to 10 percent, 13 percent, and 15 percent.

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