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Should this project be accepted

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Reference no: EM132957255

Question - Design Quilters is considering a project with the following cash flows:

Initial Outlay = $125,000

Cash Flows:

Year 1 = $45,000

Year 2 = $60,000

Year 3 = $65,000

If Design Quilters' required rate of return is 12%, should this project be accepted?

Reference no: EM132957255

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