Net present value of project that has initial cash outflow

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Reference no: EM13826331

What is the net present value of a project that has an initial cash outflow of $12,670 and the following cash inflows? The required return is 11.5%.

Year Cash Inflow

1 4,375

2 0

3 8,750

4 4,100

Reference no: EM13826331

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