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Consider a project with a net investment of $40,000 and the following net cash flows: Annual Cash Flow Year 1 $25,000, Year 2 $36,000, Year
Consider a project with a net investment of $40,000 and the following net cash flows: Annual Cash Flow Year 1 $25,000, Year 2 $36,000, Year 3 $8,000.
If the company's cost of capital is 5%, what would be the net present value of the project? (Using the financial calculator)
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