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A business opportunity is expected to provide cash flows in the during the next five years which are worth a total of $1.1 million when
A business opportunity is expected to provide cash flows in the during the next five years which are worth a total of $1.1 million when measured in today's money. The required investment for this is $1.0 million. What should be the decision on this opportunity? A business opportunity is expected to provide cash flows in the during the next five years which are worth a total of $1.1 million when measured in today's money. The required investment for this is $1.0 million. What should be the decision on this opportunity? The project should be approved because it costs less than it is worth. The project should not be approved because it costs more than it is worth. The project should not be approved because it costs less than it is worth. The project should be approved because it costs more than it is worth
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