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Edinburgh Co. is considering a new project that will cost $400,000. The expected net cash inflows from this project are $100,000 per year for 6

Edinburgh Co. is considering a new project that will cost $400,000. The expected net cash inflows from this project are $100,000 per year for 6 years. If Edinburghs weighted average cost of capital (WACC) is 8%, what is the projects net present value (NPV)? a. $62,288 b. $91,732 c. $100,000 d. $200,000 e. $862,288

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