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NPV and maximum return A firm can purchase new equipment for $17,000 that generates an annual cash inflow of $7,000 for 4 years. a. Determine

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NPV and maximum return A firm can purchase new equipment for $17,000 that generates an annual cash inflow of $7,000 for 4 years. a. Determine the net present value (NPV) of the asset, assuming that the firm has a cost of capital of 10%. Is the project acceptable? b. Determine the maximum required rate of return that the firm can have and still accept the asset

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