Question: X Corp is considering a project that requires an initial investment of $120,000. The project is expected to produce the following Net Income and Free


X Corp is considering a project that requires an initial investment of $120,000. The project is expected to produce the following Net Income and Free Cash Flows: Free Cash Year Net Income Flow Year 1 45.000 55,000 Year 2 65,000 90,750 The discount rate is 10%. The present value of $1 received at the end of Year 1 discounted at 10% per annum is 0.90909 The present value of $1 received at the end of Year 2 discounted at 10% per annum is 0.82645 What is the NPV of this project? Round your answer to the nearest whole dollar
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