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A company is considering a 8-year project. The project is expected to generate cash inflows in the amount $375,000 at the end of each of

A company is considering a 8-year project. The project is expected to generate cash inflows in the amount $375,000 at the end of each of the 8 years. At the begininng of the project, a $2,000,000 intial cash outflow would be required. What is this project's NPV assuming the company requires a 9% return on investment?

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