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Two young entrepreneurs want to invest $60,000 in a restaurant. Their business plan shows that the restaurant will generate the following cash flows: They want
Two young entrepreneurs want to invest $60,000 in a restaurant. Their business plan shows that the restaurant will generate the following cash flows: They want to earn at least a 7% return Should these entrepreneurs proceed with this investment? Answer using capital budgeting techique of NPV caIco [10 marks] [Use Interest Rate Table]
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