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Fimbrez Corporation has provided the following data concerning an investment project that it is considering: Initial investment . $360,000 Annual cash flow .. $118,000 per
Fimbrez Corporation has provided the following data concerning an investment project that it is considering: Initial investment . $360,000 Annual cash flow .. $118,000 per year Expected life of the project 4 years Discount rate. 12% Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using table. The net present value of the project is closest to
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