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Molly's Musings Inc. has an opportunity for a project that will have a start up cost of $176,500. For the first 3 years the project
Molly's Musings Inc. has an opportunity for a project that will have a start up cost of $176,500. For the first 3 years the project will not produce any cash flows. In year 4, the project will begin to produce cash inflows of $127,500 for three years. The required return on this project is high at 17% because of the risk involved. What is this project's net present value?
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