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A proposed 3-year project has expected annual cash inflows of $5,600, $7,900, and $11,200, for Years 1 to 3, respectively. What is the net present

A proposed 3-year project has expected annual cash inflows of $5,600, $7,900, and $11,200, for Years 1 to 3, respectively. What is the net present value of this project at a discount rate of 16 percent if the initial cost is $7,800

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