At what discount rate would you be indifferent between


A project that provides annual cash flows of $2, 145 for eight years costs $8, 450 today. Is this a good project if the required return is 8 percent? What if it's 24 percent? At what discount rate would you be indifferent between accepting the project and rejecting it?

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Financial Management: At what discount rate would you be indifferent between
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