A project has an NPV of $1,000.00 with an initial cost of $40,000.00. The project...

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Finance

A project has an NPV of $1,000.00 with an initial cost of $40,000.00. The project will last for 5.00 years. The firm's cost of capital is 9.00%. What annual cash flow is required to reach this NPV? 2 decimals

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