Question: Cabot Oil & Gas A has a project with initial investment requiring $-76,000 and the following cash flows will be generated because of the project:
Cabot Oil & Gas A has a project with initial investment requiring $-76,000 and the following cash flows will be generated because of the project: $19,000; $48,000; $54,000; and $64,000 respectively at the end of each year for the next four years. If the required rate of return is 0.06, find the Net Present Value (NPV).
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