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Suppose a project has a $200,000 net investment and net cash flows (NCFs) of $70,000 annually for 7 years. The investor requires 10% rate of
Suppose a project has a $200,000 net investment and net cash flows (NCFs) of $70,000 annually for 7 years. The investor requires 10% rate of return. What is the net present value?
| a)55,355 |
| b)65,355 |
| c)75,355 |
| d)140,789 |
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Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
11th Edition
1259277178, 978-1259277177
