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5. A project costs $1,000 today and will generate a cash flow of $2,934 three years from now. If the interest rate is 3%, what

5. A project costs $1,000 today and will generate a cash flow of $2,934 three years from now. If the interest rate is 3%, what is the net present value of this project?

There is a 1% tolerance for errors. For example, if the correct answer is 1.00, then any number between 0.99 and 1.01 will be correct answers.

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