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Lancaster Medical centre is studying a project that would have an eight-year life and require a $1,600,000 invest in equipment. At the end of eight
Lancaster Medical centre is studying a project that would have an eight-year life and require a $1,600,000 invest in equipment. At the end of eight years, the project would terminate and the equipment would have no salvage value. The project would provide net cash-in each year $500,000 The interest rate is 18%. Required: 1. Compute the present value of net annual cash inflow from the project 2. Is the project acceptable
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