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A project that costs $3,800 to install will provide annual cash flows of $1,200 for each of the next 6 years. a. What is the

A project that costs $3,800 to install will provide annual cash flows of $1,200 for each of the next 6 years.

a. What is the NPV if the discount rate is 12%?

b. How high can the discount rate be before you would reject the project?

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