Question: Project S is a 4-year project with initial (time 0) cash outflow of 3000 and year 1 through 4 cash inflows of 900, 900, 900

Project S is a 4-year project with initial (time 0) cash outflow of 3000 and year 1 through 4 cash inflows of 900, 900, 900 and 900. Assuming a 10% cost of capital, determine whether this project should be accepted or rejected using either the NPV or IRR approaches

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