Evaluate what is the npv of the project

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Problem 1: A project will cost $20,000 and is expected to return $22,000 next year. Your marginal tax rate is 30%. One-year taxable bonds that have similar risk to the project are yielding 9%. Similar-risk municipal bonds are yielding 6%. What is the NPV of this project? Round your answer to the nearest dollar.

Reference no: EM132938238

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