Spring 20 Company is considering investing $600,000 in a land development project. The project is...
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Accounting
Spring 20 Company is considering investing $600,000 in a land development project. The project is expected to yield cash inflows of $210,000 for 4 years. The company uses a discount rate of 6%.
What is the net present value of the investment? Specify if it is negative or positve.
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