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Tyler's Terriers Inc. wants to build a new humane facility to raise and train Yorkshire terriers. If they accept this project, they will have to
Tyler's Terriers Inc. wants to build a new humane facility to raise and train Yorkshire terriers. If they accept this project, they will have to spend $41,000 this year to purchase and customize the facility and pay for other start-up costs. They expect to earn a very small profit in the first year of operations for a cash flow of $2,000. They expect that cash flows will grow to $9,800,$18,000. and $20,500, in years 2,3 , and 4 , respectively. The project has a required return of 8%. Based on these projections, what is the NPV for this project? (NOTE: Round your answer to the nearest cent and include a negative sign for a negative number if applicable) Question 4 5 pts Should Tyler's Terriers accept the project? Why or why not
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