A project that provides annual cash flows of 15400 for nine


A project that provides annual cash flows of $15,400 for nine years costs $67,000 today.

Is this a good project if the required return is 8%?

What if it's 20%? At what discount rate would be indifferent between accepting the project and rejecting it? 

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Accounting Basics: A project that provides annual cash flows of 15400 for nine
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