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A firm evalutates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows. Year Cash Flows

A firm evalutates all of its projects by applying the NPV decision rule. A project under consideration has the following cash flows.

Year Cash Flows

0 -3497

1 1773

2 1601

3 1719

What is the NPV for the project if the required return is 25 percent?

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