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1. Consider a project with the following cash flows: Year Cash Flow 0 -12,000 1 3000 2 3000 3 3000 4 3000 The discount rate
1.
Consider a project with the following cash flows:
Year | Cash Flow |
0 | -12,000 |
1 | 3000 |
2 | 3000 |
3 | 3000 |
4 | 3000 |
The discount rate for this project is 13%. The net present value (NPV) is ________.
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