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A firm has an investment opportunity requiring an initial investment of $85,000. Expected cash flows from the project are: Yr 1: (30,000) Yr 2: 40,000

A firm has an investment opportunity requiring an initial investment of $85,000. Expected cash flows from the project are: Yr 1: (30,000) Yr 2: 40,000 Yr 3: 60,000 Yr 4: 70,000 If the cost of capital is 12% what is the NPV of this project?

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