What is net present value

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The Blueberry Company is considering a project which will cost $462 initially. The project will not produce any cash flows for the first 3 years. Starting in year 4, the project will produce cash inflows of $449 a year for 6 years. This project is risky, so the firm has assigned it a discount rate of 20.9 percent. What is the net present value?

Reference no: EM132051037

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