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A project manager wants to invest in a project with an initial cost of $ 5 8 , 5 0 0 and cash flows of
A project manager wants to invest in a project with an initial cost of $ and cash flows of $ and $ in Years and The manager's
employer requires a discount rate of percent and also a return of $ in today's dollars for every $ invested. Will the project be approved? Why or
why not?
Multiple Choice
Yes; because the NPV is positive.
No; because the project does not meet either requirement.
Yes; because the PI is greater than
No; while the project returns more than percent it does meet the $ per $ requirement.
Yes; because both criteria are met.
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