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A firm is considering a project that has the following cash flows: Year 0 1 2 3 Cash Flow -$1,000 $500 $500 $500 If the

A firm is considering a project that has the following cash flows:


Year

0

1

2

3

Cash Flow

-$1,000

$500

$500

$500


If the firm's discount rate is 9%, what is the projects net present value (NPV)?




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