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Consider the following net cash flows: Year Cash Flow 0 $0 1 $250 2 $400 3 $500 4 $600 5 $600 What is the net

Consider the following net cash flows:

Year

Cash Flow

0

$0

1

$250

2

$400

3

$500

4

$600

5

$600

What is the net present value if the opportunity cost of capital (discount rate) is 5 percent?

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