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Compute the NPV statistic for the project below and tell whether the firm should accept or reject the project with the cash flows shown in

Compute the NPV statistic for the project below and tell whether the firm should accept or reject the project with the cash flows shown in the chart if the appropriate cost of capital is 12 percent

Time 0 1 2 3 4

Cash flow -$8,000 $3,350 $4,180 $1,520 $300

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