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3. Warranty Inc. is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's

3. Warranty Inc. is considering a project that has the following cash flow and WACC data. What is the project's NPV? Note that a project's expected NPV can be negative, in which case it will be rejected. WACC:8% Year 0 1 2 3 Cash flows -$950 $500 $400 $300

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