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Net present valueUsing a cost of capital of 17%, calculate the net present value for the project shown in the following table and indicate whether
Net present valueUsing a cost of capital of 17%,
calculate the net present value for the project shown in the following table and indicate whether it is acceptable,
.
The net present value (NPV) of the project is $_______.(Round to the nearest cent.)
Initial investment | $715,000 |
Year | Cash inflows |
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 |
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