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What is the net present value (NPV) of a project that has the following cash flows? The required return is 12.0%. Year Cash Flow 0
What is the net present value (NPV) of a project that has the following cash flows? The required return is 12.0%. Year Cash Flow 0 1 $(12,000) $ 5,000 $5,000 $ 5,000 2. 3 4 $ 5,000 $ 5,000 5 6 $5,000 $7,443 None of these are correct. $8,557 6,529 $7,640
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