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A company plans to invest $-200000 into a five year cap-ex project that it estimates will generate $51250 in the first year, with inflows of

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A company plans to invest $-200000 into a five year cap-ex project that it estimates will generate $51250 in the first year, with inflows of $59700, $62176, $74150 and $50086 in the subsequent years. At that point they feel that the market for the product will dry up, but they should be able to recoup 10% of their investment in residual value of equipment. Their weighted average cost of capital is 7.5%. What is the NPV of the investment? (Two decimal places.)

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