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Please show work so I can grasp a better understanding, thank you. Aerospace Dynamics will invest $199,000 in a project that will produce the following
Please show work so I can grasp a better understanding, thank you.
Aerospace Dynamics will invest $199,000 in a project that will produce the following cash flows. The cost of capital is 10 percent. (Note hat the fourth year's cash flow is negative.) Use Appendix B for an approximate answer but calculate your final answer using the ormula and financial calculator methods. What is the net present value of the project? Note: Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal placesStep by Step Solution
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