Project will produce a positive cash flow

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East coast television is considering a project with initial outlay of $X (you will have to determine this amount) It is expected that the project will produce a positive cash flow of 41,000 a year at the end of each year for the next 14 years. The appropriate discount rate for this project is 11%. If the project has an initial return of 14%, what is the projects net present value?

Reference no: EM13726585

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