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A new project will have an intial cost of $ 4 0 , 0 0 0 . Cash flows from the project are expected to

A new project will have an intial cost of $40,000. Cash flows from the project are expected to be $5,000, $10,000, $15,000, and $25,000 over the next 4 years, respectively. Assuming a discount rate of 12%, what is the project's NPV?

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