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Miramack Unltd. is considering a 5-year project with the following cash flows: Year Cash Flow 0 -$166,800 1 $35,200 2 $46,840 3 $59,590 4 $62,460
Miramack Unltd. is considering a 5-year project with the following cash flows:
Year | Cash Flow |
---|---|
0 | -$166,800 |
1 | $35,200 |
2 | $46,840 |
3 | $59,590 |
4 | $62,460 |
5 | $41,180 |
The required return is 8.4 percent. What is the project's NPV?
NPV = $
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