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NPV A project has an initial cost of $35,000, expected net cash inflows of $9,000 per year for 8 years, and a cost of capital
NPV A project has an initial cost of $35,000, expected net cash inflows of $9,000 per year for 8 years, and a cost of capital of 14%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
978-1259307416
