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Consider a project with the following cash flows: Year Cash Flow 0 12000 1 4000 2 4000 3 4000 4 4000 If the appropriate discount
Consider a project with the following cash flows:
Year | Cash Flow |
0 | 12000 |
1 | 4000 |
2 | 4000 |
3 | 4000 |
4 | 4000 |
If the appropriate discount rate for this project is
15%,
then the net present value (NPV) is closest to:
a: $-348
b: $-580
c: $28000
d: $-406
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