Mathematics
Mathematics, 21.11.2019 23:31, HTKPenguin

Wellman company is considering investing in a two-year project. wellman's required rate of return is 10%. the present value of $1 for one period at 10% is 0.909 and for two periods at 10% is 0.826. the project is expected to create cash flows, net of taxes, of $80,000 in the first year, and $100,000 in the second year. wellman should invest in the project if the project's cost is less than or equal to?

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