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2) A project requires an initial cash outlay of $18,000.00 and yields free cash flows of $3000.00 for 10 years. Considering a required rate of

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2) A project requires an initial cash outlay of $18,000.00 and yields free cash flows of $3000.00 for 10 years. Considering a required rate of return of 9%, would you accept or reject the project using NPV method? Show computation below. 3) considering the data in #2, would you accept or reject the project using PI method? Show computations below

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