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A capital budgeting project has an initial investment cost of $450,000 (in Year O), and it is expected to generate cash flows of $150,000 annually
A capital budgeting project has an initial investment cost of $450,000 (in Year O), and it is expected to generate cash flows of $150,000 annually for 5 years (in Years 1-5). What is the net present value (NPV) at a 15% required rate of return? O $41,144 $52,823 O $64,962 $300,000
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