hannon Industries is considering a project that has the following cash flows: Project Year Cash...

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Finance

hannon Industries is considering a project that has the following cash flows: Project Year Cash Flow 0 $-8500 1 2,000 2 3,000 3 ? 4 1,500 The project has a payback of 2.5 years. The firms cost of capital is 11 percent. What is the projects net present value (NPV)?

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