Net present value of project with initial cost

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What is the net present value of a project with an initial cost of $36,900 and cash inflows of $13,400, $21,600, and $10,000 for Years 1 to 3, respectively? The discount rate is 13 percent.

  • $204.36
  • -$287.22
  • $797.22
  • -$1,350.49
  • -$1,195.12

Reference no: EM131037383

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