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August 28, 2014

Homework Help: Finance

Posted by Anonymous on Sunday, December 6, 2009 at 9:31pm.

Stone Inc. is evaluating a project with an initial cost of $8,450. Cash inflows are expected to be $1,000, $1,000 and $10,000 in the three years over which the project will produce cash flows. If the discount rate is 13%, what is the net present value of the project?

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