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6. (10 points) A project has a six year discounted payback period and an initial cost of $434,000. The project runs for a total of

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6. (10 points) A project has a six year discounted payback period and an initial cost of $434,000. The project runs for a total of 8 years with $200,000 cash in flow in the last two years. If the market rate is 12% what is the NPV of this project

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