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A project has estimated annual net cash flows of $8,000 forthree years and is estimated to cost $19,000. Assume a minimumacceptable rate of return of

A project has estimated annual net cash flows of $8,000 forthree years and is estimated to cost $19,000. Assume a minimumacceptable rate of return of 10%. Using Exhibit 5 (p 1279),determine (a) the 2 answers

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