Using a discount rate of 14 what is the net present value


Project Z has an initial outlay of $18,000 and generates positive cash flows in years 1, 2, 3 and 4 of $4,459, $3,304, $2,769, and $4,086 respectively. Using a discount rate of 14%, what is the net present value (NPV) of this project? Show your answer to the nearest dollar and if it is negative, be sure to include the negative sign.

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Financial Management: Using a discount rate of 14 what is the net present value
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