What is the project npv-sorenson stores
Problem: Sorenson Stores is considering a project that has the following cash flows:Year Cash Flow0 CF0 = ?1 $2,0002 3,0003 3,0004 1,500The project has a payback of 2.5 years, and the firm's cost of capital is 12%. What is the project's NPV?
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The project has a payback of 2.5 years, and the firm's cost of capital is 12%. What is the project's NPV?
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