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A firm is evaluating an investment. With the firm's cost of capital is 8%, calculate the net present value (NPV) of the 5-year investment with

A firm is evaluating an investment. With the firm's cost of capital is 8%, calculate the net present value (NPV) of the 5-year investment with an annual cash inflow of $30,000. Given the initial investment of the investment is $80,000. Should the company invest in this project? Explain your reason(s).

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