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A five - year project has a projected net cash flow of $ 2 4 , 0 0 0 in year 1 , $

A five-year project has a projected net cash flow of \$24,000 in year 1, $27,000 in year 2$29,000 in year 3$15,000 in year 4and $12,000 in year 5. It will cost $50,000 to implement the projectIf the required rate of return is 30 percent, conduct a discounted cash flow calculation to determine the NPV ( Round your answer to nearest dollar amount. Negative amount should be indicated by minus sign.) The NPV for the project is

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