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A project has an initial cost of $70,000, expected net cash inflows of $8,000 per year for 5 years, and a cost of capital of

A project has an initial cost of $70,000, expected net cash inflows of $8,000 per year for 5 years, and a cost of capital of 12%. (Marks: 30) Requirements: What is the project's NPV? What is the pr...

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