The project will be closed out at the end of the third year


You are making an initial investment of $135,082 and require a rate of return of 14 percent. You expect to receive $39,574 in the first year, $46,856 in the second year, and $50,788 in the third year. The project will be closed out at the end of the third year. What is the net present value of this investment?

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Financial Management: The project will be closed out at the end of the third year
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