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A project will produce cash inflows of $3,200 a year for 4 yeaswith a final cash inflow of $5,700 in year 5. The project's initialcost

A project will produce cash inflows of $3,200 a year for 4 yeaswith a final cash inflow of $5,700 in year 5. The project's initialcost is $9,500. What is the net present value of this project ifthe required rate of return in 16 percent?

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