Question: Winter Wear is considering a 5-year project with an initial cost of $211,000. The project will produce cash inflows of $56,500 a year over the

 Winter Wear is considering a 5-year project with an initial cost

Winter Wear is considering a 5-year project with an initial cost of $211,000. The project will produce cash inflows of $56,500 a year over the life of the project. What is the net present value (NPV), if the required rate of return is 15.8 percent

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