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A project has an initial cash outflow of $5,000, at time 0, and the following cash flows shown below. This type of project is known

A project has an initial cash outflow of $5,000, at time 0, and the following cash flows shown below. This type of project is known as a __________ project.

Year Cash Inflows

1 $3,000

2 $3,000

3 $3,000

4 $3,000

5 $(5,000)

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mutually-exclusive

normal

contingent

non-normal

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