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Romeo and Juliet are considering investing in a project that costs 28,000 and is expected to produce cash inflows of 17,000 in Year 1 and

Romeo and Juliet are considering investing in a project that costs 28,000 and is expected to produce cash inflows of 17,000 in Year 1 and 15,000 in Year 2. Romeo has a required return of 8% but Juliet demands a return of 9%. Who, if either, should accept this project?

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