Question: Cash flows from a new project are expected to be $5,000,$20,000,$30,000, $40,000 and $40,000 over the next 5 years, respectively. Assuming an initial cost of

Cash flows from a new project are expected to be $5,000,$20,000,$30,000, $40,000 and $40,000 over the next 5 years, respectively. Assuming an initial cost of $50,000 and a required return of 14%, what is the project's NPV? $33,103.12$34,482.42$31,034.18$32,068.65$29,999.70
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