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A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has these cash flows: Year Cash Flow 0
A firm evaluates all of its projects by applying the NPV decision rule. A project under consideration has these cash flows:
Year Cash Flow
0 - $ 41,000
1 20,000
2 23,000
3 14,000
What is the NPV of the project if the required return is 24%?
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