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A project has an initial cost of $124,000 and three annual inflows as follows: $51,000 at the end of year 1 $69,000 at the end
A project has an initial cost of $124,000 and three annual inflows as follows: $51,000 at the end of year 1 $69,000 at the end of year 2 $79,000 at the end of year 3 If the cost of capital is 7.2%, what is the net present value (NPV) of the project
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