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A company is evaluating a proposed investment that will cost $50,000 and is expected to generate cash flows of $12,000 per year for 5 years.

A company is evaluating a proposed investment that will cost $50,000 and is expected to generate cash flows of $12,000 per year for 5 years. What is the net present value (NPV) of the investment, given a discount rate of 8%?

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