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An investment project has an initial cost of 47800 and expected cash inflows of 17000, 12600, 14500 and 18900 over years 1 to 4 respectively.

An investment project has an initial cost of 47800 and expected cash inflows of 17000, 12600, 14500 and 18900 over years 1 to 4 respectively. If the required rate of return is ten percent what is the net present values? Should you accept if reject the project based on the npv rule

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