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A company is considering a project that requires an immediate investment of $150,000. This project is expected to generate return for the next ten years.

A company is considering a project that requires an immediate investment of $150,000. This project is expected to generate return for the next ten years. The expected cash inflow at t=1 will be $10,000 and the expected cash flows for the following 9 years are $22,000 each yr. The firm expects to salvage the equipment used for $38,000 when the prject is terminated inten years. Determine the NPV

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