Given the following information, a required return of 8%, an initial investment of $45,000, and cash flows of $12,000, $20,000, and $6000 for years 1 through 4 respectively, should the investment be done?
Given the following information, a required return of 8%, an initial
investment of $45,000, and cash flows of $12,000, $20,000, and $6000 for years 1 through 4 respectively, should the investment be done?
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