What is the most an investor would be willing to spend for the following cash...

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Finance

What is the most an investor would be willing to spend for the following cash flows given a required return of 16%?

year expected cash inflow:

1 $20,000

2 10,000

3 15,000

4 7,500

5 8,000

6 25,000

What is the PV of this project? If the initial investment is $52,000, should the project be accepted or rejected?

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