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A project that provides annual cash flows of $2,145 for 8 years requires and investment of $8,450 today. a) Is this an acceptable project if

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A project that provides annual cash flows of $2,145 for 8 years requires and investment of $8,450 today. a) Is this an acceptable project if the required rate of return (hurdle rate) is 8%? b) What if its 24%? c) At what discount rate would you be in different between accepting or rejecting the project (where NPV = 0)

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