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What is the net present value of the project

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Reference no: EM133187381

Question - Mitch's Rent a Wreck has the opportunity to purchase a new wreck that will cost £600. The wreck will help generate additional cash flow of £300 each year for 5 years. If the cost of capital for the project is 10%, then what is the net present value of the project?

Reference no: EM133187381

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