A project that provides annual cash flows of ($400) for eight years costs ($1,500) today. Is this

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A project that provides annual cash flows of $$400$ for eight years costs $$1,500$ today. Is this a good project if the required return is 8 percent? What if it’s 24 percent? At what discount rate would you be indifferent between accepting the project and rejecting it?

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Hemstone Ouma

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