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QUESTION 8 Project Andrew's Art Studio is expected to require an investment of $51,694 upfront in year 1 and then produce positive cash inflows of
QUESTION 8 Project Andrew's Art Studio is expected to require an investment of $51,694 upfront in year 1 and then produce positive cash inflows of $14,938 in years 2 through 5. The opportunity cost of capital is 9.09%, what is the net present value from Andrew's art studio? Include two decimal places in your answer and a negative if appropriate (example -1,435.77)
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