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1) Middlefield Motors is evaluating a project that would cost 5,300 dollars today. The project is expected to have the following other cash flows: 2,000

1) Middlefield Motors is evaluating a project that would cost 5,300 dollars today. The project is expected to have the following other cash flows: 2,000 dollars in 1 year, -2,470 dollars in 2 years, and 6,640 dollars in 4 years. The cost of capital of the project is 9.86 percent. What is the net present value of the project?

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