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For the cash flows, suppose the firm uses the NPV decision rule. At a required return of 11 percent, should the firm accept this project?
For the cash flows, suppose the firm uses the NPV decision rule. At a required return of 11 percent, should the firm accept this project? What if the required return is 24 percent?
Year Cash Flow
0 -$26,000
1 $11,000
2 $14,000
3 $10,000
Please answer and show work, thank you.
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