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4. What is the net present value of a project that has an initial cash outflow of $34,900 and the following cash inflows? The required
4. What is the net present value of a project that has an initial cash outflow of $34,900 and the following cash inflows? The required return is 10 percent. Should this project be accepted? Year Cash flow $12,500 331 1,46 ( 19,700 10,400 7,851 4 1 ,63214
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