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A project has an IRR of 10%. It has the following cash flows where X is the initial outlay (i.e., cost) of the project.Given

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A project has an IRR of 10%. It has the following cash flows where X is the initial outlay (i.e., cost) of the project.Given that the project's WACC is 5%, its NPV is closest to: Year Cash Flows 0 1 2 3 $X $5,000 $8,000 $10,000

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