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The WedLink Company is considering the possibility of developing a new wedding planning website. The cost of development is assumed to be $250,000 and the
The WedLink Company is considering the possibility of developing a new wedding planning website. The cost of development is assumed to be $250,000 and the company expects to generate after-tax cash flows of $70,000 per year for the next 5 years from subscribers. If the firms discount rate is 12%, the NPV of this project is
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