Calculate the net present value (NPV) for a 10-year project with an initial investment of...
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Accounting
Calculate the net present value (NPV) for a 10-year project with an initial investment of $20,000 and a cash inflow of $4,000 per year. Assume that the firm has an opportunity cost of 14%. Comment on the acceptability of the project.
a. The project's net present value is $
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