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5. (Capital Budgeting). Spence Company is considering a project that has the following cash flow data. What is the NPV of the project assuming the
5. (Capital Budgeting). Spence Company is considering a project that has the following cash flow data. What is the NPV of the project assuming the company is using a WACC of 8%. Year 0: -$1000 Year 1: $350 Year 2: $350 Year 3: $350 Year 4: $350 Year 5: $350 Year 6: -$300
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