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QUESTION
You are given these cash flows for an investment project (the time 0 cash flow is missing): _______ 1: +$115,000 2:
You are given these cash flows for an investment project (the time 0 cash flow is missing):
0: _______
1: +$115,000
2: +$132,250
If the required return (cost of capital) is 15%, and the net present value (NPV) of the project is +$50,000, what is the missing time 0 cash flow?
