Rossdale Flowers has a new greenhouse project with an initial cost of $371,500 that is...
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Finance
Rossdale Flowers has a new greenhouse project with an initial cost of $371,500 that is expected to generate cash flows of $46,500 for 12 years and a cash flow of $61,900 in Year 13. If the required return is 8.6 percent, what is the project's NPV?
?$15,800.21
$119,279.50
?$10,531.16
$5,378.66
$102,001.43
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