The required rate of return is 820 what is the projects net


A firm is considering an unusual project of the selling of a machine today that will result in an immediate inflow of $490. Without the use of the machine the firm will incur an annuity of outflows of $83 per year that begin at the end of year one, and continue for 5 consecutive years. The required rate of return is 8.20%. What is the project's net present value (NPV)?

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Financial Management: The required rate of return is 820 what is the projects net
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