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Old Boys company is expecting their cash flows of 15000 a year for 8 years. how ever this project require 115000 cost in equipment and

Old Boys company is expecting their cash flows of 15000 a year for 8 years. how ever this project require 115000 cost in equipment and plant. in addition the project will have a salvage value of 11,000. what is the project NPV if the discount rate is 9%

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