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Your company has the opportunity to invest in a new computer system that requires an initial outlay of 20,000, and will increase the firms cash
Your company has the opportunity to invest in a new computer system that requires an initial outlay of 20,000, and will increase the firms cash flows by 4,000 per year for the next 8 years. The finance director has asked you to assess whether the system is worth installing if the required rate of return is 9 percent.
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