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The Thomas Company evaluates all of its projects by using the Net Present Value method. If the required return was 12 percent should the firm accept
The Thomas Company evaluates all of its projects by using the Net Present Value method. If the required return was 12 percent should the firm accept the project? What if the required return was 18 percent? Here are the cash flows :
Year Cash Flow
0 -156,000
1 74,000
2 69,000
3 56,000
