Question: A firm is evaluating a proposal which has an initial investment of $100,000 and has cash flows of $20,000 per year for two years, $22,000
A firm is evaluating a proposal which has an initial investment of $100,000 and has cash flows of $20,000 per year for two years, $22,000 for the next three years. If the firm's required return or cost of capital is 8%, the NPV of the project is: A. -$5,532 B. $6,252 C. -$6,252 D. $5,532
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