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Calculate the net present value (NPV) for a 15-year project with an initial investment of $50,000 and a cash inflow of $8,000 per year. Assume

Calculate the net present value (NPV) for a 15-year project with an initial investment of $50,000 and a cash inflow of $8,000 per year. Assume that the firm has an opportunity cost of 13%. Comment on the acceptability of the project.

The project's net present value is: (Round to the nearest cent.)

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