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A project requires an initial investment of $2,500 and generates cash flows of $600 per year for 6 years. The first $600 cash flow is
A project requires an initial investment of $2,500 and generates cash flows of $600 per year for 6 years. The first $600 cash flow is at time 1. Should you accept the project if your required return is 2% ? If your required return is 12% ? Yes; no, Yes: yes, No; no. No: yes
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