Question: a five year project has a projected net cash flow of $30,000 in year 1, $12,000 in year 2, $12,000 in year 3, $24,000 in

a five year project has a projected net cash flow of $30,000 in year 1, $12,000 in year 2, $12,000 in year 3, $24,000 in year 4, and $18,000 in year 5. it will cost $700,000 to implement the project. the required rate of return is 10 percent. what is the net present value of cash flow in year 2?

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