Consider this project with an internal rate of return of


Consider this project with an internal rate of return of 19.7%. The following are the cash flows of the project. Year Cash Flow 0 +$230 1 –150 2 –150 What is project NPV if the discount rate is 15%? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) NPV $ Should you accept the project? Yes No

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Financial Management: Consider this project with an internal rate of return of
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