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Centurion Company Is Considering a Mineral Extraction Project Which Requires

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Centurion Company is considering a mineral extraction project which requires an initial investment of $2,000,000 and will yield annual cash flows of $300,000 for 8 years. Centurion has an 8% hurdle rate. If Centurion uses the NPV method of evaluation investments, this would be considered a good investment opportunity.
Centurion Company is considering a mineral extraction project which requires an initial investment of $2,000,000 and will yield annual cash flows of $300,000 for 8 years. Centurion has an 8% hurdle rate. If Centurion uses the NPV method of evaluation investments, this would be considered a good investment opportunity.

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