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A project produces a cash flow of $497 in year 1, $202 in year 2, and $862 in year 3. If the cost of capital
A project produces a cash flow of $497 in year 1, $202 in year 2, and $862 in year 3. If the cost of capital is 15.0%, what is the projects PV? If the project requires an investment of $1,200, what is its NPV? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.)
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