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What is the net present value of the following cash flows if the relevant discount rate is 7 percent? Year Cash Flow 0 $ 11,520.00
What is the net present value of the following cash flows if the relevant discount rate is 7 percent?
| Year | Cash Flow |
|---|---|
| 0 | −$ 11,520.00 |
| 1 | $ 81.00 |
| 2 | $ 650 |
| 3 | $ 880 |
| 4 | $ 2,300 |
| 5 | $ 16,800.00 |
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
4th edition
1259578542, 978-1259578540
