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Calculate the NPV for a project with the following cash flows. The discount rate (weighted average cost of capital) is 7% and the initial investment
Calculate the NPV for a project with the following cash flows. The discount rate (weighted average cost of capital) is 7% and the initial investment is $50,000.
Cash flow each year:
Year 1: $10,000 Year 2: $12,000 Year 3: $15,000
Year 4: $15,000
Year 5: $15,000
Answer: ___________________________ (12 pts)
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