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What is the NPV of the mall project? The project would require an initial investment in equipment of $ 9 5 , 0 0 0

What is the NPV of the mall project? The project would require an initial investment in equipment of $95,000.00 and would last for either 3 years or 4 years (the date when the project ends will not be known until it happens and that will be when the equipment stops working in either 3 years from today or 4 years from today). The first annual operating cash flow of $46,700.00 is expected in 1 year, and annual operating cash flows of $46,700.00 per year are expected each year until the project ends in either 3 years or 4 years. In 1 year, the project is expected to have an after-tax terminal value of $80,300.00. The cost of capital for this project is 15.02 percent.
$15,415.58(plus or minus $10)
$64,362.27(plus or minus $10)
-$19,098.74(plus or minus $10)
$41,598.49(plus or minus $10)
None of the above is within $10 of the correct answer

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