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13. A project has the following cash flows. The cash flows are at the end of each year. (6 points) The initial startup cost is

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13. A project has the following cash flows. The cash flows are at the end of each year. (6 points) The initial startup cost is $80,000. The cost of capital is 7%. Find the NPV. (Hint: Drawing a diagram hay help.) Net Present Value (NPV)= Present value of cash inflows - Present value of cash outflows

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