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The Horizon Company will invest $60,000 in a temporary project that will generate the following cash inflows for the next three years. Year Cash flow
The Horizon Company will invest $60,000 in a temporary project that will generate the following cash inflows for the next three years. Year Cash flow 1 $15,000 2 25,000 3 40,000 If the cost of capital is 10 percent, should the investment be undertaken?
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