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A company project will require an initial investment of $2,700,000 and produce $1,000,000 annual cash flows for three years. What is the Net Present Value

A company project will require an initial investment of $2,700,000 and produce $1,000,000 annual cash flows for three years. What is the Net Present Value of the project if the required return is 13.50%?

Multiple Choice

$2,341,250

- $256,285

$5,041,250

- $358,750

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