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A project that provides annual cash flows of

01/05/2021 Client: muhammad11 Deadline: 2 Day

A project that provides annual cash flows of $15,400 for nine years costs $67,000 today. Is this a good project if the required return is 8 percent? What if it's 20 percent? At what discount rate would you be indifferent between accepting the project and rejecting it?

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