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5 . A contract is estimated to yield net returns of $ 7 0 0 0 . 0 0 quarterly for seven years. To secure

5. A contract is estimated to yield net returns of $7000.00 quarterly for seven years. To secure the contract, an immediate outlay of $80000.00 and a further outlay of $60000.00 three years from now are required. If interest is 6% compounded quarterly, use the Net Present Value to determine if the investment should be accepted or rejected. [5 points]

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