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An investment will cost $1,000 today and offers payouts of $50 in 6 months, $50 in 12 months, 50 in 18 months and $1050 at

An investment will cost $1,000 today and offers payouts of $50 in 6 months, $50 in 12 months, 50 in 18 months and $1050 at the end of two years. What is the NPV of this investment if alternative investments offer an APR of 6%?

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