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You are evaluating a new product expected to generate cash inflows of $2,025 annually for five years, starting one year from now. Six years from
You are evaluating a new product expected to generate cash inflows of $2,025 annually for five years, starting one year from now. Six years from now, the project will end and will provide a final cash flow of $9,272. The project requires an investment of $19,155 today. What is the net present value of this project if the required rate of return is 12.5 percent?
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