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An investment project requires initial cost of $110,000 and it is expected to generate cash flows in years one through four of $50,000, $28,000, $21,000,
An investment project requires initial cost of $110,000 and it is expected to generate cash flows in years one through four of $50,000, $28,000, $21,000, $35,000.
- Determine the NPV at 12% risk free rate
- Determine if it's a valuable venture
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Frank Hodge
10th edition
1259964949, 1259964947, 978-1259964947
