Use the following information for the next three problems,
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Year
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Cash Flow
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1
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$12,500
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2
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$14,000
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3
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$10,000
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4
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$11,000
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5
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$16,000
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1. What is the NPV of above project if the initial investment was $35,000?
2. Calculate the IRR assuming a cost of capital of 11%.
3. Calculate the MIRR of the project assuming a cost of capital of 11%.