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What is the NPV of a project that costs $106,000 today and is expected to generate annual cash inflows of $14,000 for the following 10
What is the NPV of a project that costs $106,000 today and is expected to generate annual cash inflows of $14,000 for the following 10 years starting in one year. Cost of capital (discount rate) is 11%. Round to the nearest cent.
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