29. A proposed project requires a net initial investment of $1,000,000. The present value of annual cash
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29. A proposed project requires a net initial investment of $1,000,000. The present value of annual cash flows is $1,137,236.03, and the present value of the terminal cash flows is $31,046.07.
Calculate the net present value.
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Mastering Managerial Accounting Key Concepts Through Problem Sets
ISBN: 9781626611184
1st Edition
Authors: Christine Denison
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