What is the npv

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A project your small business is considering requires an investment today of $260,000. One year from today (t = 1) through 9 years from today (t = 9) it is expected to produce $69,000 each year, and then 10 years from today it will produce $42,000. If the cost of capital is 13% per year, what is the NPV? Round and express your answer to the nearest dollar, (i.e., nearest integer).

Reference no: EM133001245

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