Question: ABC Company is evaluating a project with an initial cost of $8,500. Cash inflows are expected to be $1,500, $1,500, and $10,000 in the three
ABC Company is evaluating a project with an initial cost of $8,500. Cash inflows are expected to be $1,500, $1,500, and $10,000 in the three years over which the project will produce cash flows. If the discount rate is 9%, what is the net present value of the project?
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