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a project that provides annual cash flows of $3100 for nine years costs $10 400 today. 1. At a required return of 12% what is

a project that provides annual cash flows of $3100 for nine years costs $10 400 today.

1. At a required return of 12% what is the NPV of the project?

2. At a required return of 28% what is the NPV of the project?

3. At what discount rate would you be indifferent between accepting the project and rejecting it?

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