Question: A project has a 3 - year life and a cost of $ 3 0 , 0 0 0 . Inflation is 3 % and

A project has a 3-year life and a cost of $30,000. Inflation is 3% and the project is expected to generate the following returns:
Year 1: $8,000,
Year 2: $12,000
Year 3: $11,000
True or False: Given the rate of inflation, the company will make money on this project.
Question 3 options:
1) True2) False

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