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put all the steps H&M Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is

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H\&M Company has an opportunity to manufacture and sell a new product for a four-year period. The company's discount rate is 15%. After careful study, H\&M estimated the following costs and revenues for the new product: When the project concludes in four years the working capital will be released for investment elsewhere within the company. Required: Calculate the net present value of this investment opportunity. Should the investment be accepted? Explain

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