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Calculate the NPV given the following free cash flows, if the appropriate required rate of return is 15 percent. Should the project be accepted? What

Calculate the NPV given the following free cash flows, if the appropriate required rate of return is 15 percent. Should the project be accepted?

What is the project's NPV? $

YEAR CASH FLOWS 0 -90,000 1 40,000 2 40,000 3 40,000 4 -40,000 5 40,000 6 40,000

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