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Refer to the Capital Budgeting Narrative . What is the NPV of the project? Capital Budgeting Narrative (Use the following information for questions referring to
Refer to the Capital Budgeting Narrative. What is the NPV of the project? Capital Budgeting Narrative (Use the following information for questions referring to the narrative.: Izmir Estate is considering a new project. The initial investment required is $87,144.41 and the cost of capital is 9%. Expected cash flows over the next four years are given below:
Years | Cash Flow ($) |
1 | 14,000 |
2 | 38,000 |
3 | 28,000 |
4 | 60,000 |
$20,720 |
$23,773 |
$22,246 |
$21,810 |
$20,938 |
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