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Having trouble with this one. A proposed capital project will cost $20 million and generate $4 million annually in after-tax cash flows for 10 years.The
Having trouble with this one.
A proposed capital project will cost $20 million and generate $4 million annually in after-tax cash flows for 10 years.The cost of capital for a project of this risk level is 12.2 percent.Should the project be accepted?Why or why not?
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