All cash flows will occur in erewhon and are expressed in, Ask an Expert

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All cash flows will occur in Erewhon and are expressed in dollars. In an attempt to improve its economy, the Erewhonian government has declared that all cash flows created by a foreign company are "blocked" and must be reinvested with the government for one year. The reinvestment rate for these funds is 4 percent. Assume Anderson uses a 11 percent required return on this project.

Requirement 1:

What is the NPV of the project? (Do not include the dollar sign ($). Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places (e.g., 32.16).)

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M950179

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