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10. The CFO of HairBrain Stylists is evaluating a project that costs $96,000. The project will generate $21,000 each of the next five years. If

10.

The CFO of HairBrain Stylists is evaluating a project that costs $96,000. The project will

generate $21,000 each of the next five years. If HairBrains required rate of return is 11

percent, should the project be purchased?

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