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A proposed 10-year project is anticipated to cost $165,000 and is anticipated to generate net cash inflows of $31,000 per annum during the first 7
A proposed 10-year project is anticipated to cost $165,000 and is anticipated to generate net cash inflows of $31,000 per annum during the first 7 years, and $24,000 per annum over the remaining 3 years. Assuming a firm's cost of capital is 11% per annum, what is net present value of this project?
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