Question: NPVCalculate the net present value for a 10-year project with an initial investment of $20,000 and a cash inflow of $2,000 per year. Assume that
NPVCalculate the net present value
for a 10-year project with an initial investment of
$20,000 and a cash inflow of $2,000
per year. Assume that the firm has an opportunity cost of 16%.
Comment on the acceptability of the project.
The project's net present value is
$
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