(LO 9-3) What is the net present value for this stream of cash flows for a $32,000...
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(LO 9-3) What is the net present value for this stream of cash flows for a $32,000 investment (−32,000) and cash inflows of $9,000 per year for Years 1–4, assuming a 3 percent cost of capital? Use the Excel NPV() function for your calculation.
a. −$1,312.66
b. $1,453.89
c. $1,312.66
d. −$1,453.89
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Related Book For
Introduction To Data Analytics For Accounting
ISBN: 9781266358234
2nd Edition
Authors: Vernon Richardson, Katie Terrell And Ryan Teeter
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