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A project has the following cash flows: Project Year Cash Flow Year Cash Flow 0 -$3,029 1 1,000 2 1,000 3 1,000 4 1,000 Its

A project has the following cash flows: Project Year Cash Flow

Year Cash Flow

0 -$3,029

1 1,000

2 1,000

3 1,000

4 1,000

Its cost of capital is 10 percent. What is the projects Net Present Value?

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