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. 5. Company Dane is evaluating an investment project. The investment project requires an initial...

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. 5. Company Dane is evaluating an investment project. The investment project requires an initial investment of $24,000 and will generate after tax cash inflows of $5,000 per year for 8 years. Calculate the net present value (NPV) and indicate whether to accept or reject the project, if the cost of capital is 10% Hint: (PVIFA10% yrs.)=5,335

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