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Business, 06.11.2019 23:31 kfhayworth4480

Daniel's market is considering a project with an initial cost of $176,500. the project will not produce any cash flows for the first three years. starting in year 4, the project will produce cash inflows of $127,500 a year for three years. this project is risky, so the firm has assigned it a discount rate of 17 percent. what is the project's net present value?

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