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Given the following information, with a required return of 5%, an initial investment of $45,000, and cash flows of $9,000, $8,000, $15,000, $20,000 for years

Given the following information, with a required return of 5%, an initial investment of $45,000, and cash flows of $9,000, $8,000, $15,000, $20,000 for years 1 through 4 respectively. Is the investment considered to be a good investment.

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