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Morgan uses the net present value method and has a discount

Morgan, Inc. is considering an eight-year project that has an initial after-tax outlay or after-tax cost of $180,000. The future after-tax cash inflows from its project for years 1 through 8 are the same at $35,000. Morgan uses the net present value method and has a discount rate of 12%. Will Morgan accept the project?

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Basic Computer Science: Morgan uses the net present value method and has a discount

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