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A project of $650,000 is expected to generate the following cash flows over its useful life: Year Cash outflow (N$) Cash inflow (N$) 0 (initial investment) 650 000 0 1 15 000 2 220 000 3 300 000 4 250 000 5 180 000 6 112 000 6 Salvage Value 20 0000 The project does not require any cash expenses. Depreciation ...
