What is the npv of a project that costs

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What is the NPV of a project that costs $10,000 today and another $9,000 in one year, and is then expected to generate 8 annual cash inflows of $4,000 starting at the end of year 3. Use discount rate of 13%. Round to the nearest cent. ?[Hint: There are two outflows here, today and year 1. You will need to discount the year 1 cost at the project's discount rate when calculating PV(outflows).]

Reference no: EM132376209

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