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What is the net present value of a project that has an initial cash outflow of $12,670 and the following cash inflows? The required return
What is the net present value of a project that has an initial cash outflow of $12,670 and the following cash inflows? The required return is 11.5%.
Year Cash Inflow
1 4,375
2 0
3 8,750
4 4,100
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