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1. Assume an investment has cash flows of -$39,700, $21.500, $15,500, and $8,500 for Years 0 to 3. respectively. What is the NPV if the

1. Assume an investment has cash flows of -$39,700, $21.500, $15,500, and $8,500 for Years 0 to 3. respectively. What is the NPV if the required return is 12 percent? Should the project be accepted or rejected? Points)

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