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A company can purchase a piece of equipment for $3,330. The equipment has a three-year life and will produce cash inflows of $1,050 in each
A company can purchase a piece of equipment for $3,330. The equipment has a three-year life and will produce cash inflows of $1,050 in each of the first and second years and $2,450 in the third year. Assuming a required return of 13.25%, what is the project's NPV today?
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