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Alphabet Inc. is considering investing in a new project. The project requires an initial investment of $1,000,000 and is expected to generate cash flows of
Alphabet Inc. is considering investing in a new project. The project requires an initial investment of $1,000,000 and is expected to generate cash flows of $300,000 per year for the next 5 years. Calculate the project's net present value (NPV) assuming a discount rate of 10%.
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