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A project requires an initial investment of $110,000. The anticipated annual cash flows over the next 5 years are: Year 1: $14,000 Year 2: $18,000
A project requires an initial investment of $110,000. The anticipated annual cash flows over the next 5 years are:
- Year 1: $14,000
- Year 2: $18,000
- Year 3: $22,000
- Year 4: $26,000
- Year 5: $30,000 Calculate the NPV with a discount rate of 10% and determine the IRR.
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Principles of managerial finance
Authors: Lawrence J Gitman, Chad J Zutter
12th edition
9780321524133, 132479540, 321524136, 978-0132479547
