Question: You have been analyzing a project. It would require an investment of $ 1 0 million and produce positive cashflows for 1 0 years. Based

You have been analyzing a project. It would require an investment of $10 million and produce positive cashflows for 10 years. Based upon the characteristics of this project, you used a cost of capital of r=12%. Applying the NPV Criteria, you decided to accept the project. When presenting the results to your manger, she informs you that you should have used 8% as the cost of capital. Does this affect your investment

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