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Larry's Lanterns is considering a project which will result in a NPAT of R14 400...
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Larry's Lanterns is considering a project which will result in a NPAT of R14 400 per year for the next five years. The project will cost R290 000 and be depreciated straight-line to a book value of zero over the life of the project. Larry's has a required accounting return of 8%. The project should be _________ because the ARR is __________
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