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Your firm has a potential project that will cost $5,000 now to begin. The project will then generate after-tax cash flows of $396 at the
Your firm has a potential project that will cost $5,000 now to begin. The project will then generate after-tax cash flows of $396 at the end of the next three years and then $1,929 per year for the three years after that. If the discount rate is 6.67% then what is the NPV?
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