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Net present value Using a cost of capital 18%, calculate the net present value for the project shown in the following table and indicate whether
Net present value Using a cost of capital 18%, calculate the net present value for the project shown in the following table and indicate whether it is acceptable
Initial investment $740,000
Year (t) | Cash inflows (Cft) |
1 | $100,000 |
2 | $110,000 |
3 | $120,000 |
4 | $130,000 |
5 | $140,000 |
6 | $150,000 |
7 | $160,000 |
8 | $170,000 |
9 | $180,000 |
10 | $190,000 |
The net present value (NPV) of the project is $_____ (Round to the nearest cent.)
PLEASE SHOW ALL WORK!
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