A profect has estimated annual net cash flows of $10,000 for...

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A profect has estimated annual net cash flows of $10,000 for 5 years and is estimated to cost $47,500. Assume a minimum acceptable rate of return of 6%, Use the Present Value of an Annulty of $1 at Compound Interest table below. Determine (a) the net present value of the project and (b) the present value index. If required, use the minus sign to indicate a negative net present value. Net present value of the project (round to the nearest dollar) 1 Present value index (rounded to two decimal places)

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