Question: EX2-3 (Algo) A five-year project has... A five-year project has a projected net cash flow of ( $ 24,000 ) in year ( 1, $
EX2-3 (Algo) A five-year project has... A five-year project has a projected net cash flow of \\( \\$ 24,000 \\) in year \\( 1, \\$ 27,000 \\) in year \\( 2, \\$ 29,000 \\) in year \\( 3, \\$ 15,000 \\) in year 4 , and \\( \\$ 12,000 \\) in year 5 . It will cost \\( \\$ 50,000 \\) to implement the project. If the required rate of return is 30 percent, conduct a discounted cash flow calculation to determine the NPV. (Round your answer to nearest dollar amount. Negative amount should be indicated by a minus sign.)
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