Grossett corporation has provided the following data, Ask an Expert

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Grossett Corporation has provided the following data concerning a proposed investment project:

Initial investment	$160,000
Life of the project	6 years
Working capital required	$35,000
Annual net cash inflows	$56,000
Salvage value	$24,000

The company uses a discount rate of 10%. The working capital would be released at the end of the project.

Required:

Compute the net present value of the project

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9799295

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