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Find the net present value (NPV) for a proposed project costing $22,960. Assume that the appropriate cost of capital for projects of this risk level,
Find the net present value (NPV) for a proposed project costing $22,960. Assume that the appropriate cost of capital for projects of this risk level, at this company is 9.58%, and the estimated cash flows for the life of the project are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 $6,920 $5,329 $6,451 $9,655 $12,368 $4,319
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