A project that provides annual cash flows of 15400 for nine


A project that provides annual cash flows of $15,400 for nine years costs $67,000 today. Is it a good project of the required return is 8%? What is it is 20%? At what discount rate would you be indifferent between accepting the project or rejecting it?

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Financial Management: A project that provides annual cash flows of 15400 for nine
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