Question: Question 12. You are considering whether to launch a new product and want to determine the financial feasibility. If you undertake the project, it will

Question 12. You are considering whether to launch a new product and want to determine the financial feasibility. If you undertake the project, it will cost $10 million to launch and the new product will generate annual net cash flows of $5,$4,$3 and $1 million during the first four years. You will finance the project with debt and equity and your cost of capital for the project is 10%. What is the Net Present Value of this project and from a financial perspective, should this project be accepted or rejected
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