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A project that provides annual cash flows of $ 2 0 , 0 0 0 for nine years costs $ 8 0 , 0 0

A project that provides annual cash flows of $20,000 for nine years costs $80,000 today.
a. Is this a good project if the required return is 8 percent? (10%)
b. What if it's 25 percent? (10%)
c. At what discount rate would you be indifferent between accepting the project and rejecting it?(Hint: Apply the trial and error method to find an integer that brings the NPV as close to zero as possible.)(10%)
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