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Art Company is considering investing in a new project. The project will need an initial investment of $ 2 , 4 0 0 , 0

Art Company is considering investing in a new project. The project will need an initial investment of $2,400,000 and will generate $1,200,000 cash flows for the next three years. Calculate the NPV for the project if the cost of capital is 14 percent.
$338,560
$339,870
$1,200,000
$385,958

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