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A manufacturing company plans to introduce a new product line that requires an initial investment of $500,000. The expected annual cash inflows are $200,000 for
- A manufacturing company plans to introduce a new product line that requires an initial investment of $500,000. The expected annual cash inflows are $200,000 for the first year, $300,000 for the second year, and $400,000 for the third year. If the company's required rate of return is 10%, calculate the net present value (NPV) of the project.
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