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Bill wants to pursue a project that will cost $190,000 today (time t = 0). The project will then generate a perpetual flow of cash
Bill wants to pursue a project that will cost $190,000 today (time t = 0). The project will then generate a perpetual flow of cash into the corporation of $7,000 each year, starting 3 years from today (i.e., first cash flow happens at time t = 3). What is the project's NPV if the opportunity cost of capital is 17%?
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