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Using a cost of capital of 13%, calculate the net present value for the project shown in the following table and indicate whether it is
Using a cost of capital of 13%, calculate the net present value for the project shown in the following table and indicate whether it is acceptable
Initial investment $-1,140 Year Cash inflows 1 $77 2 $140 3 $192 4 $260 5 $313 6 $376 7 $272 8 $95 9 $48 10 $28
The net present value (NPV) of the project is _____
Is this project acceptable? ____
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