Rossdale Flowers has a new greenhouse project with an initial cost of $374,000 that is expected to
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Question:
Rossdale Flowers has a new greenhouse project with an initial cost of $374,000 that is expected to
generate cash flows of $47,700 for 12 years and a cash flow of $63,100 in Year 13. If the required
return is 8.8 percent, what is the project's NPV?
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