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Sandstone, Inc. is considering a four - year project that has an initial after - tax outlay or after - tax cost of $ 8
Sandstone, Inc. is considering a fouryear project that has an initial aftertax outlay or aftertax cost of $ The future cash inflows from its project are $ $$ and $ for years and respectively. Sandstone uses the net present value method and has a discount rate of Will Sandstone accept the project?
A Sandstone accepts the project because it has a positive NPV of over $
B Sandstone accepts the project because the NPV is greater than $
C Sandstone rejects the project because the NPV is $
D Sandstone rejects the project because the NPV is less than $
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