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NPV A project has an initial cost of $40,000, expected net cash inflows of $8,000 per year for 11 years, and a cost of capital

NPV A project has an initial cost of $40,000, expected net cash inflows of $8,000 per year for 11 years, and a cost of capital of 13%. What is the project's NPV? ( Hint: Begin by constructing a time l...

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