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Your firm is considering opening a new location in Kingsbury, TX, no seriously! The initial cost would be $185,000 and produce cash flows of $35,000
- Your firm is considering opening a new location in Kingsbury, TX, no seriously! The initial cost would be $185,000 and produce cash flows of $35,000 per year for the first two years, and $50,000 per year for the next three years. If your required return is 8%, what is the NPV of opening the new location?A.$34,437
- B.$357,887
- C.-$12,113
- D.$35,000
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Financial Management Principles and Application
Authors: Arthur J. Keown, J. William Petty, David F. Scott, Jr.
10th edition
536514119, 536514110, 978-0536514110
