What is the projects net present value

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East Coast Television is considering a project with an initial outlay of $X (you will have to determine this amount). It is expected that the project will produce a positive cash flow of $60,000 a year at the end of each year for the next 13 years. The appropriate discount rate for this project is 7 percent. If the project has an internal rate of return of 9 percent, what is the project's net present value? If the discount rate is 11 percent, then the project's NPV is $

Reference no: EM13810641

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