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Q8 John plans to introduce a product in the Florida market - to do this he expects to invest $ 300,000 on a building that

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Q8 John plans to introduce a product in the Florida market - to do this he expects to invest $ 300,000 on a building that has a resale value of $ 200,000 after five years, his revenues are expected to be $ 100,000 per year and costs are $40,000 by the end of the first year, $ 45,000 for the next year, and $30,000 per year for the remaining three years Calculate the Net Present Value of the Florida project, if the discount rate or rate of interest is 10% annually

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