Compute net cash flow from sale of the software

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Question: Techno Corp. management is considering developing new computer software. The cost of development will be $675,000, and management expects the net cash flow from sale of the software to be $195,000 for each of the next six years. If the discount rate is 14 percent, what is the net present value of this project? Please show breakdown of equation.

Reference no: EM131765180

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