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15. The Horizon Company will invest $60,000 in a temporary project that will generate the following cash inflows for the next three years. Year 1

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15. The Horizon Company will invest $60,000 in a temporary project that will generate the following cash inflows for the next three years. Year 1 2 Cash Flow $15,000 25,000 40,000 The firm will also be required to spend $10,000 to close down the project at the end of the three years. If the cost of capital is 10 percent, should the invest- ment be undertaken

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