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A proposed new company is estimated to cost $20,000. it will generate the following cash flows over its life of 4 years: Year 1 $5000

A proposed new company is estimated to cost $20,000. it will generate the following cash flows over its life of 4
years:
Year 1 $5000
Year 2 $6000
Year 3 $7000
Year 4 $20000
If you require a 10% return, what is the Net Present Value of the company?

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