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A project requires an initial investment of $320,000 depreciated straight-line to $0 in 16 years. The investment is expected to generate annual sales of $90,000

A project requires an initial investment of $320,000 depreciated straight-line to $0 in 16 years. The investment is expected to generate annual sales of $90,000 with annual costs of $45,000 for 20 years. Assume tax rate of 30% and a discounted rate of 20%. What is the NPV?

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