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Our company is evaluating a project with the projected future annual cash flows shown as follows and an appropriate cost of capital of 14.50%: Period
"Our company is evaluating a project with the projected future annual cash flows shown as follows and an appropriate cost of capital of 14.50%: Period 0: $-4,750.; Period 1: $-2,150.; Period 2: $390.; Period 3: $890.; Period 4: $7,950.; Period 5: $1,790.; Compute the NPV statistic for the project and whether the company should accept or reject this project."
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