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EX2-3 (Algo) A five-year project has... A five-year project has a projected net cash flow of $22,000 in year 1, $27,000 in year 2, $29,000
EX2-3 (Algo) A five-year project has... A five-year project has a projected net cash flow of $22,000 in year 1, $27,000 in year 2, $29,000 in year 3. $15,000 in year 4, and $14,000 in year 5. It will cost $50,000 to implement the project. If the required rate of return is 40 percent, conduct a discounted cash flow calculation to determine the NPV. (Round your answer to nearest dollar amount. Negative amount should be indicated by a minus sign.) The NPV for the project is
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