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A project has cash flows of -$45,000, $12,000, $15,000, and $22,000 for years 0 to 3, respectively. The required rate of return is 16 percent.

A project has cash flows of -$45,000, $12,000, $15,000, and $22,000 for years 0 to 3, respectively. The required rate of return is 16 percent. Based on the net present value of ________, you should ________ the project.

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