Irr

25.06%

23.57%

Note: Negative net cash flows represent net cash outlays and are shown within parentheses

Note: Negative net cash flows represent net cash outlays and are shown within parentheses

A. Investment Project Cash Flow Projections

Build New Plant Remodel Old

Project New Plant Project Net

Nominal Cash Nominal Cash

Year Flows Flows

B. Evaluation Using Alternative Capital Budgeting Decision Rules

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