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What is the project npv7

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Reference no: EM133030926

A project has an initial cost of $40,000, expected net cash in?ows of $10,000 per year for 7 years, and a cost of capital of 11%. What is the project's NPV7 (Hint: Begin by constructing a time line) Do not round intermediate calculations. Round your answer to the nearest cent.

Reference no: EM133030926

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