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X company is thinking about adding a new product line. it is expected that Initial cost 2,780,000 Annual cash inflow 2,540,000 Annual cash outflows 2,260,000
X company is thinking about adding a new product line. it is expected that
Initial cost 2,780,000
Annual cash inflow 2,540,000
Annual cash outflows 2,260,000
Estimated useful life 10 years
Salvage value 4,400,000
discount rate 8%
calculate the net present value of the project
Please explain with details?
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