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Rockwell Smoothie Is Considering a Project with the Following Cash

Question 54

Essay

Rockwell Smoothie is considering a project with the following cash flows
Initial outlay = $13,000
Cash flows: Year 1 = $5000
Year 2 = $3000
Year 3 = $9000
If the appropriate discount rate is 15%, calculate the NPV of this project.

Correct Answer:

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NPV=13 000 + 5000/(1...

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