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A six - year project has an initial cost of $ 1 0 million with an expected revitalization cost of $ 4 million in Year

A six-year project has an initial cost of $10 million with an expected revitalization cost of $4 million in Year 5. Inflows of $4 million are expected in Year 2 through to Year 5, and $5 million is expected in Year 6. The cost of capital for this project is 13% compounded annually. Should this project be launched? USING BA2 CALCULATOR STEPWISE

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