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A project requires additional accounts receivable of $ 1 , 4 0 0 , 0 0 0 and additional inventory of $ 7 0 0

A project requires additional accounts receivable of $1,400,000 and additional inventory of $700,000. It results in additional accounts payable of $1,360,000. Net working capital will return to its normal level following the 3-year project. What is the effect on the NPV of the project solely due to this investment in net working capital, assuming a 10% required rate of return?

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