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Project Apollo has the following cash flows: CF0 = -$1,000,000, CF1 = $420,000, CF2 = $480,000, CF3 = $650,000. The appropriate required return is 10%.

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Project Apollo has the following cash flows: CF0 = -$1,000,000, CF1 = $420,000, CF2 = $480,000, CF3 = $650,000. The appropriate required return is 10%. Project Apollo has a net present value (NPV) of and it should be according to the NPV rule. $550,000; considered with AAR $266,867; rejected 0 0 3 3 $550,000; compared to IRR $266,867; accepted

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