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Meyer Inc is considering a five year project that has an initial after tax outlay or after tax cost of 53,000. The future after tax

Meyer Inc is considering a five year project that has an initial after tax outlay or after tax cost of 53,000. The future after tax cash inflows from its project for years 1,2,3,4 and 5 are all the same at 20,000. Meyer uses the net present value method and has a discount rate of 7%. Will meyer accept the project? 21,931 accept the project 29,004 reject the project 25,221 reject the project 29,004 accept the project 25,221 accept the project

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