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A project that provides annual cash flows of $1,700 for nine yearscosts $7,200 today. I s this a good project if the requiredreturn is 8

A project that provides annual cash flows of $1,700 for nine yearscosts $7,200 today. Is this a good project if the requiredreturn is 8 percent? What if its24 percent At what discount rate would you beindifferent between accepting the project and rejecting it

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