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Assume a project has the following cash flows (Yr 0 is the initial investment): Yr 0 (Initial Inv.) Yr 1 Yr 2 Yr 3 -224

Assume a project has the following cash flows (Yr 0 is the initial investment):

Yr 0 (Initial Inv.) Yr 1 Yr 2 Yr 3
-224 +120 +120 +120

If the WACC is 15%, what is the Net Present Value (NPV) of this project?

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