The project initially costs 10600 to get started in year


ion 9 A project will produce cash inflows of $1,750 a year for four years.

The project initially costs $10,600 to get started. In year five, the project will be closed and as a result should produce a cash inflow of $8,500.

What is the net present value of this project if the required rate of return is 13.75%?

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Financial Management: The project initially costs 10600 to get started in year
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