The table below gives the expected after-tax cash flows for a capital project. If the Securities Market
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The table below gives the expected after-tax cash flows for a capital project. If the Securities Market Line indicates the opportunity cost of capital for this project is only 10%, what is the project’s NPV?
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End of year 2 0 1 3 4 -10,000 2,000 3,000 4,000 5,000
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