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A project requires an initial outflow of $130,000 and is expected to produce $50,000 inflows over each of the next three years. In the 4th

A project requires an initial outflow of $130,000 and is expected to produce $50,000 inflows over each of the next three years. In the 4th year, an outflow of $20,000 is required. If the required return of the project is 3.3%, what is its NPV?

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