Question: A project with the following expected cash flow pattern and a cost of capital of 1 5 percent would have an NPV of $ .

A project with the following expected cash flow pattern and a cost of capital of 15 percent would have an NPV of $
. Use the following formula to calculate your answer: =NPV(.10, value, value,...)
Initial investment: ($100,000)
Year 1 inflow: $35,000
Year 2 inflow: $50,000
Year 3 inflow: $60,000
Year 4 inflow: $48,000
Year 5 inflow: $24,000

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