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Benny's is considering adding a new product to its lineup. This product is expected to generate sales for four years after which time the product will be discontinued. What is the project's net

Benny's is considering adding a new product to its lineup. This product is expected to generate sales for four years after which time the product will be discontinued. What is the project's net present value if the firm wants to earn a 14 percent rate of return? Year Cash flow 0 -$62,000 1 $16,500 2 $23,800 3 $27,100 4 $23,300

Aug 14 2021 View more View Less

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