Question: NPV Calculate the net present value (NPV) for a 15-year project with an initial investment of $1,000,000 and a cash inflow of $150,000 per year.

NPV Calculate the net present value (NPV) for a 15-year project with an initial investment of $1,000,000 and a cash inflow of $150,000 per year. The cost of capital is 9%. Comment on the acceptability of the project. The project's net present value is $ (Round to the nearest cent.) Is the project acceptable? (Select the best answer below.) Yes No
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