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A project will produce cash inflows of $5,400 per year for 3 years with a final cash inflow of $2,400 in Year 4. The

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A project will produce cash inflows of $5,400 per year for 3 years with a final cash inflow of $2,400 in Year 4. The project's initial cost is $13,900. What is the net present value if the required rate of return is 12.4 percent? M

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