What is the NPV of a project that requires an immediate investment of -$89,000 and...
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What is the NPV of a project that requires an immediate investment of -$89,000 and produces a cash flow of $77,000 at t= 2 and of $171,000 at t= 8? There are no other cash flows. Assume an annual discount rate of 6% and round your answer to the nearest dollar. Thus, if you believe the NPV is - $2,347.52 write your answer as -2348 (Acceptable error = $1,000)
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