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Mullens Gator Farm is considering a project that has the following cash flow and WACC data. What is the project's NPV? Is the project acceptable?

Mullens Gator Farm is considering a project that has the following cash flow and WACC data. What is the project's NPV? Is the project acceptable? Why or why not?

WACC:

10.00%

Year

0

1

2

3

Cash flows

-$1,000

$500

$400

$300

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