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Aerospace Dynamics will invest $190,000 in a project that will produce the following cash flows. The cost of capital is 11 percent. (Note that the
Aerospace Dynamics will invest $190,000 in a project that will produce the following cash flows. The cost of capital is 11 percent. (Note that the fourth year's cash flow is negative.) Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods.
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