Given the following information with a required return of 5


Question - Given the following information, with a required return of 5%, an initial investment of $45,000, and cash flows of $9,000, $8,000, $15,000, $20,000 for years 1 through 4 respectively. Is the investment considered to be a good investment?

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Accounting Basics: Given the following information with a required return of 5
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