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the corporation wants to set up a private cemetery business. according to the CFO, business is 'looking up'. As a result, the cemetery project will
the corporation wants to set up a private cemetery business. according to the CFO, business is 'looking up'. As a result, the cemetery project will provide a net cash inflow of 91.000 dollars for the firm during the first year, and the cash flows are projected to grow at a rate of 3 percent per yer forever. the project requires an initial investment of 1,440,000 dollars. What is the net present value (NPV) of this project if the required return is 12 percent?
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