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A factory costs $420,000. You forecast it will produce cash inflows of $132,000 in year 1, $270,000 in year 2, and $360,000 in year 3.

A factory costs

$420,000.

You forecast it will produce cash inflows of

$132,000

in year 1,

$270,000

in year 2, and

$360,000

in year 3. The cost of capital is

9%.

What is the net present value (NPV) of the factory?

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