What was the net present value of his investment

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Kenneth made an investment with the following cash flows: YEAR 1 $20,000 Cash investment YEAR 2 $ 5,000 Cash return received YEAR 3 $ 8,000 Cash payment made YEAR 4 $20,000 Invested cash returned 8% Required Rate of return What was the net present value (NPV) of his investment?

Reference no: EM131563100

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