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During a company history of cash flow: Y1, Income $9077: costs $7339, Y2 $1907; costs $12337 Y3 income $22573; costs $7165 with a hurdle rate
During a company history of cash flow:
Y1, Income $9077: costs $7339,
Y2 $1907; costs $12337
Y3 income $22573; costs $7165
with a hurdle rate of 0.05, what is the NPV at year 3? preferred to use excel and NPV function, show steps.
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