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Manheart has developed a project that requires an immediate investment of $220. The project's long-term cash flows are $

Posted: Sun Jul 03, 2022 12:54 pm
by answerhappygod
Manheart has developed a project that requires an immediateinvestment of $220. The project's long-term cash flows are $85 for5 consecutive years beginning in one year. If the project has arequired rate of return of 3%, what is the project's NPV.
Project NPV: $
Place your answer in dollars and cents. Do NOT include a dollarsign or a comma in your NPV. For example, an answer of ten thousandshould be placed as 10000. If applicable, indicate negative amountswith a minus sign in front of the number. Work your analysis usingat least 4 decimal places of accuracy.