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A company is considering a 8-year project. The project is expected to generate cash inflows in the amount $375,000 at the end of each of
A company is considering a 8-year project. The project is expected to generate cash inflows in the amount $375,000 at the end of each of the 8 years. At the beginning of the project, $2,000,000 initial cash outflow would be required. What is this projects NPV assuming the company requires a 9% return on the investment?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
