question archive Holiday Express is considering a 5-year project with an initial cost of $87,000
Holiday Express is considering a 5-year project with an initial cost of $87,000
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Holiday Express is considering a 5-year project with an initial cost of $87,000. The project will produce cash inflows of $24,800 a year over the life of the project. What is the net present value if the required rate of return is 14.2 percent?
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