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NET PRESENT VALUE 8. The Quarry Corporation will invest $238,000 in a project that will produce the following cash flows. The cost of capital is
NET PRESENT VALUE
8. The Quarry Corporation will invest $238,000 in a project that will produce the following cash flows. The cost of capital is 8 percent. Compute the Net Present Value. Should the project be undertaken?
YEAR CASH FLOW
1 $52,000
2 $58,000
3 $64,000
4 $59,000
5 $55,000
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