Question: NPVCalculate the net present value (NPV) for a 15-year project with an initial investment of $50 comma 00050,000 and a cash inflow of $8 comma

NPVCalculate the net present value (NPV) for a 15-year project with an initial investment of $50 comma 00050,000 and a cash inflow of $8 comma 0008,000 per year. Assume that the firm has an opportunity cost of 17%.

Comment on the acceptability of the project.

The project's net present value is $___

(Round to the nearest cent.)

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