Question: You are evaluating a new project with startup (t=0) costs of $120,000. The project will generate $20,000in cost savings per year for 10 years, starting

You are evaluating a new project with startup (t=0) costs of $120,000. The project will generate $20,000in cost savings per year for 10 years, starting in year t=1.

If your IRR hurdle rate is 12%, should you accept or reject the project?Typeeither Accept or Reject.

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