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A capital budgeting project is expected to have the following cash flows: Year Cash Flows 0-$850,000 1 $300,000 2 $400,000 3 $500,000 What is the
A capital budgeting project is expected to have the following cash flows:
YearCash Flows
0-$850,000
1 $300,000
2 $400,000
3 $500,000
What is the projects net present value at an 18% required rate of return?
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