Use this information to answer the following questions:
An investment of $20,000 today will yield $8,000 a year at the end of the next three years.
Refer to the above information.Will the project be accepted at a cost of capital of 8 percent?

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The Answer of Use this information to answer the following questions:
An investment of $20,000 today will yield $8,000 a year at the end of the next three years.
Refer to the above information.Will the project be accepted at a cost of capital of 8 percent?

Use This Information to Answer the Following Questions