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44. An asset has a cost of $12,000 and is expected to return $4,000 a year for 2 years, then $3,000 a year for the
44.
An asset has a cost of $12,000 and is expected to return $4,000 a year for 2 years, then $3,000 a year for the next 3 years, if the appropriate discount rate is 11%, what is the Net Present Value (NPV) of the project?
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