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QUESTION 34 A company has determined that a certain project will produce revenue of $14 million 1 year from now. The costs are projected to
QUESTION 34 A company has determined that a certain project will produce revenue of $14 million 1 year from now. The costs are projected to equal $5 million each 2, 3 and 4 years from now. Given a cost of capital of 10%, the Net Present Value of the project equals:
$1.42 million | ||
$1.56 million | ||
$12.72 million | ||
$14.00 million |
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