What is the net present value of this investment given your


You are considering an investment that requires a $116,694 initial cost. You will receive $54,902 in the first year, $55,033 in the second year, and $61,790 in the third year. The required rate of return is 16%. What is the net present value of this investment given your expectations?

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Financial Management: What is the net present value of this investment given your
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