The tile company is considering adding a new product to it's lineup. This product is...
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The tile company is considering adding a new product to it's lineup. This product is expected to generate sales for 4 years after which time the product will be discontinued. What is the project's net present value at a required rate of return of 13.8 percent?
Year Free cash flow
0 -$62,500
1 $15,800
2 $19,300
3 $25,125
4 $21,000
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