Question: Calculate the net present value (NPV) for a 10-year project with an initial investment of $40,000and a cash inflow of $7,000 per year. Assume that
Calculate the net present value (NPV) for a 10-year project with an initial investment of $40,000and a cash inflow of $7,000 per year. Assume that the firm has an opportunity cost of 15%. Comment on the acceptability of the project.
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