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A project that provides annual cash flows of $15,400 for nine years costs $67,000 today. Is it a good project of the required return is
A project that provides annual cash flows of $15,400 for nine years costs $67,000 today. Is it a good project of the required return is 8%? What is it is 20%? At what discount rate would you be indifferent between accepting the project or rejecting it?
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