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Abbott Corporation is considering an investment opportunity with the following expected net cash inflows: Year 1,$350,000; Year 2 , $380,000; Year 3,$405,000. At the end

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Abbott Corporation is considering an investment opportunity with the following expected net cash inflows: Year 1,$350,000; Year 2 , $380,000; Year 3,$405,000. At the end of Year 3 , the residual value of the investment would be $60,000. The company uses a discount rate of 10%, and the initial investment is $550,000. Calculate the NPV of the investment. (Round intermediary calculations to the nearest dollar.) Present value of an ordinary annuitv $1 : Present value of $1 : The NPV of the investment is

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