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A project has cash flows that are as follows: Year 1: -$400,000 Year 2: $200,000 Year 3: $600,000 Year 4: -$900,000 Year 5: $1,000,000 Year
A project has cash flows that are as follows:
Year 1: -$400,000
Year 2: $200,000
Year 3: $600,000
Year 4: -$900,000
Year 5: $1,000,000
Year 6: $250,000
Year 7: $230,000
Assume a discount rate of 15% per year and fixed costs of $50,000.
What is the net present value of this project?
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