A project is expected to produce cash-flows of $500 every year for 5 years starting in 3 years. If the project’s initial

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answerhappygod
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A project is expected to produce cash-flows of $500 every year for 5 years starting in 3 years. If the project’s initial

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A project is expected to produce cash-flows of $500 every year
for 5 years starting in 3 years. If
the project’s initial cost is $1,000 and the cost of capital is
15%, should the project be accepted
according to NPV?
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