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A firm is buying a new equipment that has the following cash flows: Year 0 1 2 3 Cash Flow $-316 $100 $200 $341 What

A firm is buying a new equipment that has the following cash flows:

Year

0

1

2

3

Cash Flow

$-316

$100

$200

$341

What is the NPV of the project if the interest rate is 9%? Answer to the nearest cent xx.xx and omit the dollar sign.

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