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Compute the NPV for Project M if the appropriate cost of capital is 8 percent. Project M Time: 0 1 2 3 4 5 Cash
Compute the NPV for Project M if the appropriate cost of capital is 8 percent.
| Project M | ||||||
| Time: | 0 | 1 | 2 | 3 | 4 | 5 |
| Cash flow: | $3,100 | $710 | $840 | $880 | $960 | $460 |
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