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A project costs $ 3 million, and is expected to generate $ 1 million in cash flows for the next 4 years. The risk free

A project costs $3 million, and is expected to generate $1 million in cash flows for the next 4 years. The risk free rate is 3.8%, beta is 0.48 and risk premium is 8.10%. Based on the above information what will be the NPV of the project.

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