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An investment project requires an initial outlay of $8000 and will produce a return of $17 000 at the end of 5 years. Use the:

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An investment project requires an initial outlay of $8000 and will produce a return of $17 000 at the end of 5 years. Use the: a. net present value b. internal rate of return methods to decide whether this is worthwhile if the capital could be invested elsewhere at 15% compounded annually

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