Financial Management: Theory & Practice
16th Edition
ISBN: 9781337909730
Author: Brigham
Publisher: Cengage
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Transcribed Image Text:Question:
Wagner PLC is considering a
project which will generate cash
flows of $5,000 each year from
years 3 to 7. The company has a
cost of capital of 14%.
What is the total present value of
the cash flows?
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