Should the project be accepted

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Question: A proposed capital project will cost $20 million and generate $4 million annually in after-tax cash flows for 10 years. The cost of capital for a project of this risk level is 12.2%. Should the project be accepted? Why or why not? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132060373

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