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True False QUESTION 29 A firm is evaluating an investment proposal which has an initial investment of $5,000 and cost of capital of 15.5%. The

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True False QUESTION 29 A firm is evaluating an investment proposal which has an initial investment of $5,000 and cost of capital of 15.5%. The project is expected to provide annual after tax operating cash inflows of $2,650 for consecutive 3 years. The net present value of the investment is about $4,000 52,950 $1,000 $1,000

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