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The Blueberry Company is considering a project which will cost $399 initially. The project will not produce any cash flows for the first 3 years. Starting in year 4, the project will produce cash inflows of $458 a year for 4 years. This project is risky, so the firm has assigned it a discount rate of 16.1 percent. What is the net present value?

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Financial Management, Finance

Category:- Financial Management
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