Assume that for the Cash Wash project $($see details below$),$ the weighted

capital is $10\%,$ and that the risk$-$free rate is $4\%.$

$($a$)$ Compute the Certainty Equivalent Net Present Value $($NPV$).$ Sho

support the answers arrived at$.16$ points.

$($d$)$ Is the project acceptable? $2$ points. State why or why not. $2$

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