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Business, 03.04.2020 16:59 12311724

What is the net present value of a project that has an initial cash outflow of $34,900 and the following cash inflows: $12,500 in Year 1; $19,700 in Year 2; $0 in Year 3; and $10,400 in Year 4? The required return is 15.35 percent.

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