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Carson Corporation is considering an investment opportunity with expected net cash inflows of $ 3 1 5 , 0 0 0 per year for four

Carson Corporation is considering an investment opportunity with expected net cash inflows of $315,000 per year for four years. At the end of Year 4, the residual value of the investment is expected to be $27,000. The company uses a discount rate of 16%, and the initial investment is $600,000. Calculate the NPV of the investment.
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