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Imagine a project that costs $1,000 and will provide three cash flows of $400, $300, and $800 over the next three years. Assume there is
Imagine a project that costs $1,000 and will provide three cash flows of $400, $300, and $800 over the next three years. Assume there is no salvage value at the end of the project and the required rate of return is 10%. Calculate the NPV of the project.
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
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