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Bambi Corporation is considering an investment that will cost $80,000 and have a useful life of 4 years. The cash flows from the project are
Bambi Corporation is considering an investment that will cost $80,000 and have a useful life of 4 years. The cash flows from the project are expected to be $25,000 per year in the first two years then $20,000 per year for the last two years. If the appropriate discount rate is 10 percent per annum, what is the NPV of this investment (Rounded to the nearest dollar)?
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