Solved: If the appropriate discount rate for the company is 159, Basic Statistics

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If the appropriate discount rate for the company is 159

The ABC Resort is redoing its golf course at a cost of $778,000. It expects to generate cash flows of $470,000, $798,000 and $135,000 over the next three years. If the appropriate discount rate for the company is 15.9 percent, what is the NPV of this project (to the nearest dollar)?

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Basic Statistics: If the appropriate discount rate for the company is 159

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