Maud'Dib Intergalactic has a new project available on Arrakis. The cost of the project is $33,000...

Maud'Dib Intergalactic has a new project available on Arrakis. The cost of the project is $33,000 and it will provide cash flows of $17,400, $22,300, and $20,000 over each of the next three years, respectively. Any cash earned in Arrakis is "blocked" and must be reinvested in the country for one year at an interest of 2.9 percent. The project has a required return of 7.9 percent. What is the project's NPV?

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jeff jeffy answered 10 months ago

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