What is the projects net present


A firm whose weighted average cost of capital is 10% identified a project that will initially cost $2,000,000. The following annual cash flows are expected: Year 1 = $969,000 Year 2 = $965,000 Year 3 = $978,000 Year 4 = $945,000 and Year 5 = $950,000. What is the project's net present value? $_______ Report your answer to the nearest dollar without any separating commas in it.

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Financial Management: What is the projects net present
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