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A project has projected cash outflows of $2 million in the current time period. Additional cash outflows of $1 million, $1 million, and $2 million

A project has projected cash outflows of $2 million in the current time period. Additional cash outflows of $1 million, $1 million, and $2 million are projected during the next 3 years of operation. Cash inflows of $1.3 million are expected in years 4 through 13 (10 cash inflows). Should the project be accepted if the company has a cost of capital of 14%? (What is the NPV?)

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