1.A project has and initial cost of $50,000, expected net cash inflows of $9,000 per year for...
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Question:
1.A project has and initial cost of $50,000, expected net cash inflows of $9,000 per year for 7 years, and a cost of capital of 13%.
a.What is the project's NPV?
b.What is the project's IRR?
c.What is the projects payback period?
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