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You have the following information on a project's cash flows. The cost of capital is 7.7% Year Cash flows 0 -$ 118 ,000 1 23,000
You have the following information on a project's cash flows. The cost of capital is 7.7%
| Year | Cash flows |
| 0 | -$ 118 ,000 |
| 1 | 23,000 |
| 2 | 32,000 |
| 3 | 37,000 |
| 4 | 32,000 |
| 5 | 50,000 |
The NPV of the project is $____. Round to two decimal places.
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Financial Markets and Institutions
Authors: Jeff Madura
11th Edition
1133947875, 9781305143005, 1305143000, 978-1133947875
