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A project has an initial outlay of $ 1 , 5 6 7 . The project will generate annual cash flows of $ 4 0
A project has an initial outlay of $ The project will generate annual cash flows of $ over the year life of the project and terminal cash flows of $ in the last year of the project. If the required rate of return on the project is what is the net present value NPV of the project?
Note: Enter your answer rounded off to two decimal points. Do not enter $ or comma in the answer box.
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