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Please explain how to do using NPV function in excel, thanks! Find the net present value (NPV) for a proposed project costing $124,074. Assume that
Please explain how to do using NPV function in excel, thanks!
Find the net present value (NPV) for a proposed project costing $124,074. Assume that the appropriate cost of capital for projects of this risk level, at this company is 10.82%, and the estimated cash flows for the life of the project are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 $59,781 $22,862 $97,808 $61,431 $85,262Step by Step Solution
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