Self-tightening wedge grips are designed for tensile testing applications up to 1200 pounds. The cash flows associated with the product are available below. Determine the following from these values: net cash flow series, cumulative cash flow series, and i* displayed by the IRR spreadsheet function, if an option for “guess” is not entered. Year 1 2 3 4 Revenue 25,000 13,000 4,000 70,000 Costs −30,000 −7,000 −6,000 −12,000

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