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A project has an initial cost of $45,000, expected net cash inflows of $11,000 per year for 9 years, and a cost of capital of
A project has an initial cost of $45,000, expected net cash inflows of $11,000 per year for 9 years, and a cost of capital of 13%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent
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Principles of Managerial Finance
Authors: Lawrence J. Gitman, Chad J. Zutter, Wajeeh Elali, Amer Al Roubaix
Arab World Edition
1408271583, 978-1408271582
