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4. A project will cost $1.0 million. The company uses a 10% discount rate as a threshold for accepting capital projects. It is expected to

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4. A project will cost $1.0 million. The company uses a 10% discount rate as a threshold for accepting capital projects. It is expected to have a 5-year life and returns (net all costs and taxes) the following: 0 1 2 3 4 5 CFO CF1 CF2 CF3 CF4 CF5 Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 ?? $100,000 $200,000 $300,000 $400,000 $500,000 Using the given information above, calculate the project's net present value (NPV)

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