Question

Company Z Prime has an investment opportunity costing $ 16 million today and providing cash flows...

Company Z Prime has an investment opportunity costing $ 16 million today and providing cash flows $ 9 million, $ 6 million and $ 9.8 million for 1, 2 and 3 years from now respectively. If the required return of the project is 8 % what is the Net Present Value (NPV) of this project?

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