ACCT 431 A firm is evaluating a project with an initial cost

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ACCT 431 A firm is evaluating a project with an initial cost

 

Dot Image A firm is evaluating a project with an initial cost of $612,570 and annual cash inflows of $337,991 per year (first cash flow to be received exactly one year from today) for each of the next 5 years. If the cost of capital for this project is 13%, what is this project’s NPV?