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A project requires e$44,000 initial investment and is expected to generate end-of-period annual cash inflows of $20,000 for each of three years. Assuming a
A project requires e$44,000 initial investment and is expected to generate end-of-period annual cash inflows of $20,000 for each of three years. Assuming a discount rate of 12% what is the net present value of this Investment? Selected present value factors for a single sum are shown in the table below 1-126 1-12 x=126 5-1 0.8929 0-2 0.7932 0.7118 Mu Chce 58.059 14803 0 O 10 SA
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