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What is the net present value of an investment that has an initial cost of $10,000 and will generate annual cash inflows of $5,000 for
What is the net present value of an investment that has an initial cost of $10,000 and will generate annual cash inflows of $5,000 for the next 10 years? Assume a cost of capital of 7% and the first inflow occurring at the end of year 1.
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