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Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 28,500 1 10,700 2 13,400 3 15,300 4 12,400

Solo Corp. is evaluating a project with the following cash flows: Year Cash Flow 0 $ 28,500 1 10,700 2 13,400 3 15,300 4 12,400 5 8,900 The company uses a discount rate of 11 percent and a reinvestment rate of 8 percent on all of its projects

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