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Question
Garner-Wagner Incorporated
The executives of Garner-Wagner Inc. are considering a project that has an up-front cost of $3 million and is expected to produce a cash flow of $500,000 at the end of each of the next 5 years. The project's cost of capital is 10%.
Refer tothe data for Garner-Wagner Incorporated.Based on the above data, what is the project's net present value?
a. -$1,312,456
b. -$1,104,607
c. -$875,203
d. $105,999
e. $321,788
Answer
This answer is hidden. It contains 1 characters.
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