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What is the net present value of the following project? The discount rate is 12%. The initial investment is $16 and the project has a
What is the net present value of the following project? The discount rate is 12%.
The initial investment is $16 and the project has a 5-year duration.
| YEAR | CASH INFLOWS |
| 1 | 1,000 |
| 2 | 4,000 |
| 3 | 3,000 |
| 4 | 4,000 |
| 5 | 2,000 |
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Financial Management Concepts and Applications
Authors: Stephen Foerster
1st edition
013293664X, 978-0132936644
