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Can you answer this ASAP Camille plans to open a do-it-yourself dog-bathing centre in a storefront location. The capital investment will be $160,000. Courtney expects
Can you answer this ASAP
Camille plans to open a do-it-yourself dog-bathing centre in a storefront location.
The capital investment will be $160,000.
Courtney expects the net, after-tax, cash inflows to be $40,000 annually for seven years, after which she plans to throw away the equipment, close the business and retire to Gold Coast of Florida.
Assume the required return is 10%. What is the project's NPV?
A) 14,111
B) 27,322
C) 32,556
D) 34,737
E) 45,001
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