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Question: Calculate the net present value of a project which requires an initial investment of $262,000 and it is expected to generate a cash inflow of $60,000 each month for 12 months. Assume that the salvage value of the project is zero. The target rate of return is 11% per annum. Please show steps how you get an answer and please be clear in your explanation.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M91807352
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