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You would like to invest in the following project. Cash Flow $98,400 59,200 74,100 Year Larry, your boss, insists that only projects returning at least

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You would like to invest in the following project. Cash Flow $98,400 59,200 74,100 Year Larry, your boss, insists that only projects returning at least $1.06 in today's dollars for every $1 invested can be accepted. She also insists on applying a 14 percent discount rate to all cash flows. Based on these criteria, you should: Select one: O accept the project because the Pl is 0.90. o accept the project because the Pl is 1.04 o accept the project because the Pl is 1.11. O reject the project because the Pl is 0.90. O reject the project because the Pl is 0.96

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