Question: A firm is evaluating a project with an initial cost of $895,948 and annual cash inflows of $346,555 per year (first cash flow to be
A firm is evaluating a project with an initial cost of $895,948 and annual cash inflows of $346,555 per year (first cash flow to be received exactly one year from today) for each of the next 5 years. If the cost of capital for this project is 10%, what is this project's NPV
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