Use the second recipe (see second picture) to find out the adjusted present value of this project
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Question:
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66681b26d3242_72666681b26acddc.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66681b271a137_72766681b270bbe3.jpg)
Use the second recipe (see second picture) to find out the adjusted present value of this project in $. Should the firm accept or reject? Show all the steps you think necessary.
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66681b2783c41_72766681b274a32d.jpg)
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/06/66681b27d51aa_72766681b27bc534.jpg)
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