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$1,529,789 $1,529,798 $1,529,778 $1,529,800 $1,529,793 Flintstones Inc., is considering a new product launch. The firm expects to have annual operating cash flow of $8.3 million
$1,529,789 |
$1,529,798 |
$1,529,778 |
$1,529,800 |
$1,529,793 |
Flintstones Inc., is considering a new product launch. The firm expects to have annual operating cash flow of $8.3 million for the next 8 years. Flintstones Inc. uses a discount rate of 13 percent for new product launches. The initial investment is $38.3 million. Assume that the project has no salvage value at the end of its economic life. What is the NPV of the new product to the nearest dollar?
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