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Find what is the project npv

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Question 1: A project has an initial cost of $40,000, expected net cash inflows of $10,000 per year for 6 years, and a cost of capital of 12%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent.

Reference no: EM132495668

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