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Suppose it costs $1 million, today, to invest in a project that will last 3 years and is expected to produce $500,000 per year in

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Suppose it costs $1 million, today, to invest in a project that will last 3 years and is expected to produce $500,000 per year in after- tax cash flows. If the correct discount rate to evaluate the project is 13%, solve for the NPV. Should you accept the project? Why or why not? (Show inputs/work in Canvas)

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