8-9 Sample Project Data You are looking at a new project and have estimated the following cash flows, net income and book value data: –Year 0:CF = -165,000 –Year 1:CF = 63,120 NI = 13,620 –Year 2:CF = 70,800 NI = 3,300 –Year 3:CF = 91,080 NI = 29,100 –Average book value = $72,000 Your required return for assets of this risk is 12%.
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