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(Ignore income taxes in this problem.) Virginia Company invested in a four-year project. Virginia's discount rate is 10%. The cash inflows from this...
Assuming a positive net present value of $1,000, the amount of the original investment was closest to:
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Year NPV cash flowPVIF,10%PV0 (13,430.71)1.0000(13,430.71)14,000.000.90913,636.3624,400.000.82643,636.3634,800.000.75133,606.3145,200.000.68303,551.671,000.00 Original...