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Reed Enterprises is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note that
Reed Enterprises is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note that a project's expected NPV can be negative, in which case it will be rejected.
r: | 10.00% | |||
Year | 0 | 1 | 2 | 3 |
Cash flows | $1,050 | $450 | $460 | $470 |
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