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Leslie Kitchens has been asked by the president of her company to evaluate an investment project cash flow using the present worth analysis in hopes

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Leslie Kitchens has been asked by the president of her company to evaluate an investment project cash flow using the present worth analysis in hopes to meet the companys M 15%. The initial investment is $1.8 million and at the end of year 1 there is an inflow of $454,000, year 2 is $681,000, year 3 through 6 is $908,000 and year 7 is $1,268,000. Is this investment acceptable? (10pts). 1

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