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The company has a project with a 5-year life that requires an initial investment of $190,000, and is expected to yield annual cash flows of
The company has a project with a 5-year life that requires an initial investment of $190,000, and is expected to yield annual cash flows of $64,000. What is the net present value of the project if the required rate of return is set at 12%? And What NPV does the previous calculation yield?
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