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A. 8.32 B. 6.66 C. 7.77 D. 10.65 E. 7.61 (10 points) Company X received the approval to start a project which requires an investment
A. 8.32 B. 6.66 C. 7.77 D. 10.65 E. 7.61
(10 points) Company X received the approval to start a project which requires an investment of 600 to be made at the beginning of the year. The cash flows for the project are as follows: End of Year Cash Flow 300 400 -260 200 100 The company uses an annual effective interest rate of 10% to discount its cash flows. Determine the net present value of the project. A. 8.32 B. 6.66 c. 7.77 D. 10.65 E. 7.61
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