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Calculate the net present value ?( NPV ?) for a 15?-year project with an initial investment of ?$15,000 and a cash inflow of ?$2,000 per
Calculate the net present value ?(NPV?) for a 15?-year project with an initial investment of ?$15,000 and a cash inflow of ?$2,000 per year. Assume that the firm has an opportunity cost of 15?%.
Comment on the acceptability of the project.
The? project's net present value is $ .
?(Round to the nearest? cent.)
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