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Posted: November 15th, 2022
Net Present Value (NPV) of a Project Assignment
What is the net present value (NPV) of a project that has the following cash flows? The required return is 10.0%.
| Year | Cash Flow |
| 0 | $ (5,000) |
| 1 | $ 1,000 |
| 2 | $ 2,000 |
| 3 | $ 2,000 |
| 4 | $ 3,000 |
| 5 | $ 2,000 |
| 6 | $ 1,000 |
Group of answer choices
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$ 2,920
$ 3,208
$2,655
None of these are correct.
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$ 2,916. Get Finance homework help today
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