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Question) The initial cost of an equipment is $5000 for this project. Below are the cash flows for 3 years: Year 1 Year 2 Year
Question) The initial cost of an equipment is $5000 for this project. Below are the cash flows for 3 years:
| Year 1 | Year 2 | Year 3 | |
| Cash Flows | 1000 | 1000 | 6800 |
If the Discount Rate is 15% and the Internal Rate of Return is 20%, calculate the NPV of this project.
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Glencoe Business And Personal Finance
Authors: McGraw-Hill
1st Edition
0021400202, 9780021400201
