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NPV A project has an initial cost of $60,000, expected net cash inflows of $12,000 per year for 12 years, and a cost of
NPV A project has an initial cost of $60,000, expected net cash inflows of $12,000 per year for 12 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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Investments Analysis and Management
Authors: Charles P. Jones
12th edition
978-1118475904, 1118475909, 1118363299, 978-1118363294
