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Grow Well Industries has a project with the following cash flows: Initial Cost, Year 0: -$320,000 Cash flow Year 1: $55,000 Cash flow Year

Grow Well Industries has a project with the following cash flows: Initial Cost, Year 0: -$320,000 Cash flow Year 1: $55,000 Cash flow Year 2: $75,000 Cash flow Year 3: $120,000 $180,000 Cash flow Year 4: i. Using a 10% discount rate and the NPV model, determine whether this should be accepted or rejected. ii. Should it be accepted or rejected using a 12% discount rate?

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