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Music Company is considering investing in a new project. The project will need an initial investment of $2,400,000 and will generate $1,200,000 (after-tax) cash flows
Music Company is considering investing in a new project. The project will need an initial investment of $2,400,000 and will generate $1,200,000 (after-tax) cash flows for five years (the same amount every year for five years). What is the NPV for the project if the cost of capital is 15 percent?
$1,622,586
$339,870
$975,651
$578,144
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