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Business, 05.12.2020 06:40 SmokeyRN

A project has an initial cost of $40,000, expected net cash inflows of $8,000 per year for 11 years, and a cost of capital of 11%. What is the project's NPV? (Hint: Begin by constructing a time line.) Do not round intermediate calculations. Round your answer to the nearest cent.

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A project has an initial cost of $40,000, expected net cash inflows of $8,000 per year for 11 years,...

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