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20 Lewis Company is considering a project that requires an initial investment of $120,000 and will generate net cash flows of $32,000 per year for
20 Lewis Company is considering a project that requires an initial investment of $120,000 and will generate net cash flows of $32,000 per year for 6 years. Lewis requires a return of 9% on its investments, and the present value factor of an annulty for 6 years at 9% is 4.4859. Lewis company should not accept the project because its net present value is negative. 2.25 points EO 02:17:37 True or False Print True False
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