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5. Fraggle Rock Corp. has a project with a cost of $525,500, and annual cash inflows of $156,000 each year. This project has an eight

5. Fraggle Rock Corp. has a project with a cost of $525,500, and annual cash inflows of $156,000 each year. This project has an eight year life. What is the net present value of this project if the company's required rate of return is 15%?

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