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Suppose an investment will initially cost $90,000 and then generate annual cash flows, as shown in the table below. If the required rate of return
Suppose an investment will initially cost $90,000 and then generate annual cash flows, as shown in the table below. If the required rate of return is 15%, then what capital budgeting decision should be made? Explain. Year Cash Flow 132,000 100,000 (150,000) 3
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