Available project that will require an immediate outflow

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A new startup, Mensa, has developed their best available project that will require an immediate outflow (an investment today) of $48855. The project's long-term cash flows are expected to be $22150 per year for 4 consecutive years beginning in one year. If the required rate of return is 9.50%, calculate the project's NPV

Reference no: EM131056473

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