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5 . You would like to invest in the following Project: Year Cash Flow 0 $ - 5 5 , 0 0 0 1 3

5. You would like to invest in the following Project:
Year Cash Flow
0 $-55,000
130,000
237,000
Your boss insists that only projects that return $1.10 in todays dollars for every $1 invested can be accepted.The discount rate is 10%. Based on this criteria ,should you accept the Project? Why?

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