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A magazine publisher wants to launch a new magazine geared to college students. The start-up costs, due immediately, are $700. The project's expected cash flows

A magazine publisher wants to launch a new magazine geared to college students. The start-up costs, due immediately, are $700. The project's expected cash flows are $300 for 4 consecutive years beginning one year from today. What is the project's NPV if the required rate of return is 6.00%?

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