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A company is considering the purchase of a copier that cost $5,000. Assume a required rate of return of 9% and the following cash flow

A company is considering the purchase of a copier that cost $5,000. Assume a required rate of return of 9% and the following cash flow schedule: Year 1: $2,000 Year 2: $3,000 Year 3: $1,000

What is the project's NPV?

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