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PLEASE SHOW STEPS TO SOLVE. THANKS :) You are evaluating a project that requires an initial investment of $901,034. During the first two years, such

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PLEASE SHOW STEPS TO SOLVE. THANKS :)

You are evaluating a project that requires an initial investment of $901,034. During the first two years, such project will provide positive free cash flows of 406,874, 576,681. The discount rate for this project is 7. Using the NPV approach ..... Should you accept or reject the project? Type O ==> Reject the Project n Type 1 = ==> Accept the Project n *If you type 0, Canvas will probably warn you that you have left his question unanswered. Ignore this message. Canvas will grade it upon submission. You Answered 1 Correct Answer 0

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