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Citrus Company is considering a protect that has estimated annual net cash flows of $39, 405 for five years and is estimated to cost $185,000.

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Citrus Company is considering a protect that has estimated annual net cash flows of $39, 405 for five years and is estimated to cost $185,000. Citrus's cost of capital is 10 percent. Determine the net present value of the project. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1.) Based on NPV, determine whether project is acceptable to Citrus. Acceptable Unacceptable

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