Question: Problem 10-14 (similar to) (NPV calculation) Calculate the NPV given the following cash flows, shown below , if the appropriate required rate of return is
Problem 10-14 (similar to)
(NPV calculation) Calculate the NPV given the following cash flows, shown below , if the appropriate required rate of return is 14 percent. Should the project be accepted? What is the project's NPV?
| YEAR | CASH FLOWS |
| 0 | -60000 |
| 1 | 35000 |
| 2 | 35000 |
| 3 | 35000 |
| 4 | -35000 |
| 5 | 35000 |
| 6 | 35000 |
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