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Initial Outlay help please Television is considering a project with an initial outlay of $X (you will have to determine this amount). It is expected
Initial Outlay help please
Television is considering a project with an initial outlay of $X (you will have to determine this amount). It is expected that the project will produce a positive cash flow of $54,000 a year at the end of each year for the next 13 years. The appropriate discount rate for this project is 8 percent. If the project has an internal rate of return of 13 percent, what is the project's net present value? a. If the project has an internal rate of return of 13%, then the project's initial outlay is $ (Round to the nearest cent.) Step by Step Solution
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