Question: Jamaica Corp. is adding a new assembly line at a cost of $8.5 million. The firm expects the project to generate cash flows of $2

 Jamaica Corp. is adding a new assembly line at a cost

Jamaica Corp. is adding a new assembly line at a cost of $8.5 million. The firm expects the project to generate cash flows of $2 million, $3 million, $4 million, and $5 million over the next four years. Its cost of capital is 16 percent. What is the net present value (NPV) of this project and should the project be accepted? $645,366, Yes o $1,213,909, No $905,888, NO $777,713, Yes $790,000, NO

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