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Anderson Systems is considering a project that has an initial cash outflow of $1 million and expected cash inflows of $530,000 per year for the

Anderson Systems is considering a project that has an initial cash outflow of $1 million and expected cash inflows of $530,000 per year for the next 3 years. The company uses a WACC of 11% to evaluate these types of projects. What is the project's NPV?

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