A new project has the following forecasts: Initial Outlay .......... $ 40,000 Life of project ........... 5

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A new project has the following forecasts:
Initial Outlay .......... $ 40,000
Life of project ........... 5 yrs
Net annual cash flow ..... $ 15, 000
Expected rate of return ....... 10%

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Contemporary Financial Management

ISBN: 9780324289114

10th Edition

Authors: James R Mcguigan, R Charles Moyer, William J Kretlow

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