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Ibez Company is considering a project that requires an initial investment of $68,000 and will...

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Accounting

Ibez Company is considering a project that requires an initial investment of $68,000 and will generate net cash flows of $17,200 per year for 7 years. Ibez requires a return of 10% on its investments. The present value factor of an annuity for 7 years at 10% is 4.8684. a. Compute the net present value of the project. b. Determine whether the project should be accepted or rejected on the basis of net present value.
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Ibez Company is considering a project that requires an initial investment of $68,000 and will generate net cash flows of $17.200 per year for 7 years. lbez requires a return of 10% on its investments. The present value factor of an annuity for 7 years at 10% is 4.8684 . a. Compute the net present value of the project. b. Determine whether the project should be accepted or rejected on the basis of net present value

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