Produce after-tax operating cash inflows

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Mike's project will produce after-tax operating cash inflows of $3200 a year for 5 years. The after-tax salvage value of the project is expected to be $2,500 in year 5. The project's inital cost is $10,500. What is the net present value of this project if the required rate of return is 16 percent?

Reference no: EM131182621

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