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23-05-2023
Business

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Calculate the net present value (NPV) for a 20-year project with an initial investment of $50,000 and a cash inflow of $8,000 per year. Assume that the firm has an opportunity cost of 16%. Comment on the acceptability of the project.
The project's net present value is $enter your response here. (Round to the nearest cent.)
Part 2
Is the project acceptable? (Select the best answer below.)

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