NPVCalculate the net present value (NPV) for a 25-year project with an initial investment of...
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NPVCalculate the net present value (NPV) for a 25-year project with an initial investment of $30,000 and a cash inflow of $7,000 per year. Assume that the firm has an opportunity cost of 17%. Comment on the acceptability of the project.
a. The project's net present value is $______________. (Round to the nearest cent.)
b. Is the project acceptable?(Select the best answer below.)
-yes
-no
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