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A project requires an initial investment of $2,000,000, and produces an annual inflow of $400,000 at the end of years 1 - 7, and an

A project requires an initial investment of $2,000,000, and produces an annual inflow of $400,000 at the end of years 1 - 7, and an inflow of $600,000 at the end of year 8. What is the NPV of this project using a discount rate of 13%?

$437,001.13 -$5,259.91 $337,001.13 $374,617.12 $464,596.53

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