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Citrus Company is considering a project with estimated annual net cash flows of $ 3 9 , 4 0 5 for five years that is
Citrus Company is considering a project with estimated annual net cash flows of $ for five years that is estimated to cost
$ Citrus's cost of capital is percent.
Required:
Determine the net present value of the project. Future Value of $ Present Value of $ Future Value Annuity of $ Present Value
Annuity of $
Based on NPV determine whether project is acceptable to Citrus.
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