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Assume an investment has cash flows of $25,200, $7,000, $8,000, $8,500, and $9,000 for Years 0 to 4, respectively. What is the NPV if the
Assume an investment has cash flows of $25,200, $7,000, $8,000, $8,500, and $9,000 for Years 0 to 4, respectively. What is the NPV if the required return is 12 percent? Should the project be accepted or rejected?
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