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A company is being asked to invest $14,000 in a project that will generate the following cash flows: Year 1: $1,275 Year 2: $2,567 Year

A company is being asked to invest $14,000 in a project that will generate the following cash flows:

Year 1: $1,275

Year 2: $2,567

Year 3: $3,750

Year 4: $4,690

Year 5: $5,300

Assuming the company can invest cash at an annual interest rate of 6.7%, should they take this investment?

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