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Question 7 Not yet answered Marked out of 6.00 p Flag question A project is expected to produce cash inflows of $6,000 a year for
Question 7 Not yet answered Marked out of 6.00 p Flag question A project is expected to produce cash inflows of $6,000 a year for 6 years with a final cash inflow of $8,000 in Year 7. The initial cost of the project is 25,000. If the required rate of return is 12 percent, what is the net present value of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 12.47.) Previous page Next page
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