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Always Building Co. is considering branching out into a new product line. They forecast new annual cash flows of $380,000 from this new product line

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Always Building Co. is considering branching out into a new product line. They forecast new annual cash flows of $380,000 from this new product line (forever). This will require an initial investment of $1,250,000. Additionally, this new product will reduce existing sales by an estimated $120,000 per year for 8 years. The firm's cost of capital is 11%. Calculate the NPV of this project

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