Question: Calculate the net present value (NPV) for a 20-year project with an initial investment of $45,000 and a cash inflow of $8,000 per year. Assume
Calculate the net present value (NPV) for a 20-year project with an initial investment of $45,000 and a cash inflow of $8,000 per year. Assume that the firm has an opportunity cost of 13%. Commen t on the acceptability of the project.
What is the project's net present value?
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