What is the projects npv

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Problem: CQU is considering a research project that requires an initial investment of $42,000 and returns after-tax cash inflows of $7,000 per year for 10 years. The firm has a maximum acceptable payback period of 8 years. Assume the cost of capital is 10% per annum. what is the project's NPV?

Reference no: EM133665237

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