Question: The Template Corporation is considering a project that provides a $0 annual cash inflow for the first five years and then provides $900,000 per year
The Template Corporation is considering a project that provides a $0 annual cash inflow for the first five years and then provides $900,000 per year for the subsequent five years. The project requires an initial investment of $1.8 million. If the firms required rate of return for this project is 9.0 percent, what is the net present value?
$620,320
$560,750
$686,813
$515,221
$475,206
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