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Kendrick Lamar, Inc., is considering a new bootleg CD service for live local concerts, with these cash flows (CF's): Init. Outlay = $13000; CF1 =
Kendrick Lamar, Inc., is considering a new bootleg CD service for live local concerts, with these cash flows (CF's): Init. Outlay = $13000; CF1 = $5000; CF2 = $3000; CF3 = $9000. If the discount rate is 12%, compute the NPV of this project.
Note please explain how you did the work, or the steps you used if using a financial calculator. FWIW I have an HP financial calculator that I can use.
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