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2. What is the NPV of the following cash flows) Initial investment $1,000,000 Year one cash flow $700,000 Year two cash flow $600,000 $400,000 Year

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2. What is the NPV of the following cash flows) Initial investment $1,000,000 Year one cash flow $700,000 Year two cash flow $600,000 $400,000 Year three cash flow Salvage value $200,000 Discount rate 15%

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