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A project requires an initial investment of $950,000 today. The present value of the cash inflows likely to result from this initial investment is $1,208,293.
A project requires an initial investment of $950,000 today. The present value of the cash inflows likely to result from this initial investment is $1,208,293. What's the net present value of this investment? A. -$258,293, B. $950,000, C. $258,293, D. -$950,000
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
6th Edition
0077211332, 9780077211332
