Question: Find the net present value (NPV) for a proposed project costing $5,556. Assume that the appropriate cost of capital for projects of this risk level,

Find the net present value (NPV) for a proposed project costing $5,556. Assume that the appropriate cost of capital for projects of this risk level, at this company is 11.99%, and the estimated cash flows for the life of the project are as follows: Year 1 Year 2 Year 3 Year 4 Year 5 $9,984 $5,490 $7,972 $8,565 $14,954

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