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A project requires outflows of $150,000 today and $50,000 in one year. It is then expected to generate 9 annual cash inflows of $72,000 starting
A project requires outflows of $150,000 today and $50,000 in one year. It is then expected to generate 9 annual cash inflows of $72,000 starting at the end of year 5. If the project's cost of capital is 15%, what is this project's NPV? Round to the nearest cent.
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