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Hibiscus HQ is considering a project with an initial cost of $320,800. The project will not produce any cash flows for the first two
Hibiscus HQ is considering a project with an initial cost of $320,800. The project will not produce any cash flows for the first two years. Starting in Year 3, the project will produce cash inflows of $194,000 a year for three years. This project is risky, so the firm has assigned it a discount rate of 17.4 percent. What is the project's net present value? -$14,586.20 $-11.793.26 $3,285.94 -$16,930.76 $-21,784.92
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