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Suppose you're presented with a proposal for a project that costs $4, 200 and will bring in $20, 100 the first year. The next year, you'll have to pay out S15, 500.

With a cost of capital of 12%, calculate the net present value (NPV) for this project. The NPV of the project is $. (Round to the nearest cent.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92853445

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