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A firm is evaluating a product. The market demand for the product can be low or high. The product requires an investment of $1,010. If

A firm is evaluating a product. The market demand for the product can be low or high.

The product requires an investment of $1,010.

If the market demand is high, then there is a 40% chance that the product will sell for $900 and a 60% chance it will sell for $1,250.

What is the NPV of the project if the market demand is high?

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