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What is the NPV for a project with an after-tax initial investment of $21100 and five equal cash flows of $11600 at the start of
What is the NPV for a project with an after-tax initial investment of $21100 and five equal cash flows of $11600 at the start of each year, beginning with the fourth year? The appropriate discount rate is 22 percent. Should it be accepted?
$12118.22; accept
$6128.06; accept
$1218.07; accept
-$2806.50; reject
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