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NPVCalculate the net present value for a 10-year project with an initial investment of $20,000 and a cash inflow of $2,000 per year. Assume that

NPVCalculate the net present value

for a 10-year project with an initial investment of

$20,000 and a cash inflow of $2,000

per year. Assume that the firm has an opportunity cost of 16%.

Comment on the acceptability of the project.

The project's net present value is

$

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