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MFC Corp. has invested in a new factory that will produce mainframe computers. The initial cost is $ 3 6 0 million. The company anticipates

MFC Corp. has invested in a new factory that will produce mainframe computers. The initial cost is $360 million. The company anticipates net cash flows of $210 million next year, $120 million, $60 million, $30 million , $15 million, and then $0 over each of the following years. MFC requires an 8% return per year on their investment. Calculate the net present value (NPV) of this investment. Should MFC accept the project? Why? [4 points]

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