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A project requires $50,000 at t=0 and repays $10,000 for t=1,2,3 and $7,000 at t=4,5,6,7,8. The interest preference rate is 7%. Calculate the NPV. Round
A project requires $50,000 at t=0 and repays $10,000 for t=1,2,3 and $7,000 at t=4,5,6,7,8. The interest preference rate is 7%. Calculate the NPV. Round the answer to the nearest dollar.
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