A project that provides annual cash flows of $17,300 for nine years costs $78,000 today. Is this
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Question:
A project that provides annual cash flows of $17,300 for nine years costs $78,000 today.
Is this a good project if you require 8% on your investment?
What if you require 20% on your investment?
At what rate would you be indifferent between accepting the project and rejecting it?
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