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Use Excel to answer this question: Given a 5% required rate of return, what is net present value (NPV) of the following cash flow? Time
Use Excel to answer this question: Given a 5\% required rate of return, what is net present value (NPV) of the following cash flow? Time 0: $6,000 Time 1: +$500 Time 2: +$1,100 Time 3: +$1,200 Time 4: +$1,900 Time 5: +$2,000 $297.98 $342.18 $359.28 $394.29
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