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Majestic Corporation is planning a 12 year project that will have an initial cost of $900,000. During the first 3 of $80,000. Years 410 will
Majestic Corporation is planning a 12 year project that will have an initial cost of $900,000. During the first 3 of $80,000. Years 410 will see cash inflows of $350,000. Years 1112 will see cash outflows of $20,000. If th return is 11%, determine the NPV of the project. Multiple Choice $175,023 $25,890 $227,320
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