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A firm evaluates all of its projects by applying the NPV decision rule. A proposed project is expected to have the following cash flows: a)

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A firm evaluates all of its projects by applying the NPV decision rule. A proposed project is expected to have the following cash flows: a) At a required return of 12 percent, what is the project's NPV? Should the firm accept this project? b) At a required return of 18 percent, what is the project's NPV? Should the firm accept this project? Create your Original Solution Below - Be sure to show all calculations and clearly indicate answers

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