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A project requires an initial cash outflow of $4,400, and it will bring in cash inflows of $1,700, $3,500,$1,000,$3,500, for the next four years, respectively.
A project requires an initial cash outflow of $4,400, and it will bring in cash inflows of $1,700, $3,500,$1,000,$3,500, for the next four years, respectively. What is the net present value of these cash flows, given a discount rate of 11% ? (Round answers to two decimals, enter answer without $ or "." , such as 1234.78 )
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