You are offered to invest in a project with the initial cost of $24,000. The...
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You are offered to invest in a project with the initial cost of $24,000. The project is expected to generate $6,000 in two years, $7,800 in three years and $15,900 in five years. What is the NPV of this project if the required rate of return is 13%?
$ 5,709
$ -6,238
$ 6,571
$ -5,265
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