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A project requires an initial investment of $ 100,000 and an annual operating cost of $ 10,000. It will generate an annual revenue of $

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A project requires an initial investment of $ 100,000 and an annual operating cost of $ 10,000. It will generate an annual revenue of $ 30,000. If the life of the project is 10 years and the discount rate is 6%, decide whether to accept or reject this project using (i) NPV criterion: A. NPV-$47202, accept B. NPV $47202, reject NPV-$47000, accept 13. D NPV-$47200, accept

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