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Suppose a project has the following net cash flows: Years 0 1 2 3 4 5 6 Net CF 0 $10,000 $10,000 $10,000 $10,000 $10,000
Suppose a project has the following net cash flows:
Years | 0 | 1 | 2 | 3 | 4 | 5 | 6 |
Net CF | 0 | $10,000 | $10,000 | $10,000 | $10,000 | $10,000 | $20,000 |
If the initial investment cost at time zero is $50,000 and the annual discount rate is 2%, what is the Net Present Value of the project?
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