A project has cash flows of $15,000, $10,000, and $5,000 in 1, 2, and 3 years, respectively.
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A project has cash flows of $15,000, $10,000, and $5,000 in 1, 2, and 3 years, respectively. If the prevailing interest rate is 15%, would you buy the project if it costs $25,000?
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