Consider the following project being analyzed for possible investment at ABC Corp. Initial Cost –$50 Inflow Year 1 $15 Inflow Year 2 $15 Inflow Year 3 $20 Inflow Year 4 $10 Inflow...

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Finance

Consider the following project being analyzed for possibleinvestment at ABC Corp.
InitialCost                     –$50
Inflow Year1                  $15
Inflow Year2                  $15
Inflow Year3                  $20
Inflow Year4                  $10
Inflow Year5                  $10
All amounts are in millions. The required return for the projectis 8%.
The project’s NPV is:
(Enter your answer without a leading dollar sign out to twodecimal places and in abbreviated millions. As an example, youwould enter $2.42 million as 2.42.)

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Consider the following project being analyzed for possibleinvestment at ABC Corp.InitialCost –$50Inflow Year1 $15Inflow Year2 $15Inflow Year3 $20Inflow Year4 $10Inflow Year5 $10All amounts are in millions. The required return for the projectis 8%.The project’s NPV is:(Enter your answer without a leading dollar sign out to twodecimal places and in abbreviated millions. As an example, youwould enter $2.42 million as 2.42.)