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A project has an initial cost of $68,200 and nominal cash inflows of $35,000 in Year 1 and $38,000 in Year 2. The rate of
A project has an initial cost of $68,200 and nominal cash inflows of $35,000 in Year 1 and $38,000 in Year 2. The rate of return is 7.5 percent . What is the net present value of the project?
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