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rate 12%
IRR 14.66578%
Modified IRR 14.6461%
npv $74.79026
Since, IRR is more than required rate i.e 12% ,project should be taken.
Also, NPV is positive
Accumulated cash flows
-$850
-$680
-$490
-$285
-$20
215
385
545
650
575 Payback 4.08511
uld be taken.