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East coast television is considering a project with initial outlay of $X ( you will have to determine this amount) It is expected that the project will produce a positive cash flow of 43,000 a year at the end of each year for the next 17 years. The appropriate discount rate for this project is 7%. If the project has an initial return of 10%, what is the projects net present value?

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Financial Management, Finance

Category:- Financial Management
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