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ch 9 Noble Inc. is considering a four-year project that has an initial aftertax outlay or after-tax cost of $11,. The future cash inflows from

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ch 9 Noble Inc. is considering a four-year project that has an initial aftertax outlay or after-tax cost of $11,. The future cash inflows from its project are $3,,$25,,$5, and $4, for years 1,2,3 and 4 , respectively. Noble uses the net present value method and has a discount rate of 18%. Will Noble accept the project? Noble accepts the project because the NPV is greater than $2808. Noble rejects the project because the NPV is less than $4, Noble rejects the project because the NPV is $3,021 Noble accepts the project because the NPV is greater than $38

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