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A project requires a $43,000 initial investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 $19,500 Year 2 $
A project requires a $43,000 initial investment and is expected to generate end-of-period annual cash inflows as follows: Year 1 $19,500 Year 2 $ 20,500 Year 3 $19,500 Assuming a discount rate of 10%, what is the net present value (rounded to the nearest whole dollar) of this investment? Selected present value factors for a single sum are shown in the table below 10 110% 1-10% -1 0.9091 1-2 0.8264 A-3 0.7513 O O O $92) $0.396 50 $6.319 < Prev 730 Next >>
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