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ABC Company has invested $18,500 as the initial investment into a new project. The following are the expected cash flows from the project. The appropriate

ABC Company has invested $18,500 as the initial investment into a new project. The following are the expected cash flows from the project. The appropriate discount rate is 6%. What is the NPV of the project?

Year 1 $11,500

Year 2 $8,750

Year 3 $2,500

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