What is the projects net present value

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East Coast Television is considering a project with an initial outlay of $X. It is expected that the project will produce a positive cash flow of $58,000 a year at the end of each year for the next 13 years. The appropriate discount rate for this project is 8 percent. If the project has an internal rate of return of 10 percent, what is the project's net present value?

Reference no: EM131010548

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