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A project with an infinite life and a cost of $28,000 generates revenues of $5,000 in year 1, $7,000 in year 2, $10,000 in year
A project with an infinite life and a cost of $28,000 generates revenues of $5,000 in year 1, $7,000 in year 2, $10,000 in year 3 and since year 4, revenue remains at $10,000 forever. If the discount rate is 3%, what is the NPV of the project?
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