What is the project''s net present value

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A project will require an initial investment of $5,300,000 and will return $1,000,000 each year for 7 years. 

If taxes are ignored and the required rate of return is 6%, what is the project's net present value? Based on this analysis, should the company proceed with the project? 

B) What is the IRR? 

Reference no: EM13766951

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