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Aberdeen Outboard Motors is contemplating building a new plant. The company anticipates that the plant will require an initial investment of $4.0 million in net
Aberdeen Outboard Motors is contemplating building a new plant. The company anticipates that the plant will require an initial investment of $4.0 million in net working capital today. The plant will last ten years, at which point the full investment in net working capital will be recovered. Given an annual discount rate of 896, what is the net present value of this working capital investment? The NPV of this working capital investment is s (Round to the nearest dollar)
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