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A project costs $119 million to set up, and returns $83 million in year 1, $29 million in year 2, and $29 million in year
A project costs $119 million to set up, and returns $83 million in year 1, $29 million in year 2, and $29 million in year 3. What is the net present value of the project with a discount rate of 5%?
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