What is the net present value of the project if the initial, Financial Management

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What is the net present value of the project if the initial

Lester’s has a new project with projected real cash flows of $12,200, $14,600, and $16,300 for Years 1 to 3, respectively. The nominal discount rate is 15.752 percent and the inflation rate is 4 percent. What is the net present value of the project if the initial cost is $25,000?

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Financial Management: What is the net present value of the project if the initial

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