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Net present value Using a cost of capital of 11%, calculate the net present value for the project shown in the following table and indicate
Net present value Using a cost of capital of 11%, calculate the net present value for the project shown in the following table and indicate whether it is acceptable, The net present value (NPV) of the project is $ (Round to the nearest cent.) \begin{tabular}{cc} \hline Initial investment (CF0) & 1,153,000 \\ \hline Year (t) & Cash inflows (CFt) \\ \hline 1 & $85,000 \\ 2 & $136,000 \\ 3 & $190,000 \\ 4 & $258,000 \\ 5 & $316,000 \\ 6 & $381,000 \\ 7 & $271,000 \\ 8 & $101,000 \\ 9 & $49,000 \\ 10 & $23,000 \\ \hline \end{tabular}
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