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Consider a project in which the initial after-tax investment is $80,000. The predicted after-tax cash for the following 4 years are: Year 1: $40,000 Year

Consider a project in which the initial after-tax investment is $80,000. The predicted after-tax cash for the following 4 years are:

Year 1: $40,000

Year 2: $40,000

Year 3: $30,000

Year 4: $30,000

What is the NPV of this project is the discount rate is 12%?

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