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Introduction to Managerial Finance Question 3: Time: 15 minutes Total: 10 marks Calculate the net present value of a project with the given cash flows

Introduction to Managerial Finance
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Question 3: Time: 15 minutes Total: 10 marks Calculate the net present value of a project with the given cash flows if the required rate of return is 13 percent. Make sure to show detailed calculations. Year cash flow 0 -36,570 12,123 20,201 3 5,100 1 2

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