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Consider Blooper's mining project. Suppose that by investing an additional $ 1 0 million initially, Blooper could reduce variable costs to 3 5 % of

Consider Blooper's mining project. Suppose that by investing an additional $10 million initially, Blooper could reduce variable costs to
35% of sales. Use Spreadsheet 10.1.
If the Blooper project operates at accounting break-even, will net present value be positive or negative?
If the Blooper project operates at accounting break-even, will net present value be positive or negative?
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