Accept or else reject the project under npv

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Accept or else reject the Project under NPV and Profitability Index

a. What is the net present value of a project with the following cash flows and a required return of 12%?

Year Cash flow
0 -$28,900
1 $12,450
2 $19,630
3 $2,750

b. Would you accept or reject the project? Why?

Reference no: EM1312826

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