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Business, 13.11.2019 20:31 katlyn10289
Haroldsen corporation is considering a capital budgeting project that would require an initial investment of $350,000. the investment would generate annual cash inflows of $133,000 for the life of the project, which is 4 years. at the end of the project, equipment that had been used in the project could be sold for $32,000. the company’s discount rate is 14%. the net present value of the project is closest to:
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