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You are considering an investment project with a cost of $10,000 that promises the cash flows of $2000 at the end of year 1, $2500
You are considering an investment project with a cost of $10,000 that promises the cash flows of $2000 at the end of year 1, $2500 at the end of year 2, $3000 at the end of year 3, $3500 at the end of year 4, and $4000 at the end of year 5. If the required rate of return is 12%, what is the NPV of this investment project? Should you accept the project?
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