Epsilon Pharmaceuticals is analyzing two research projects. Each project requires an initial investment of $100,000...
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Accounting
Epsilon Pharmaceuticals is analyzing two research projects. Each project requires an initial investment of $100,000 and has the following expected cash flows:
Year | Cash Flows (Project C) | Cash Flows (Project D) |
0 | -100,000 | -100,000 |
1 | 30,000 | 20,000 |
2 | 30,000 | 20,000 |
3 | 30,000 | 30,000 |
4 | 30,000 | 30,000 |
5 | 30,000 | 40,000 |
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