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Corbin Co. forecasts the following nominal cash flows for a project: Year.......Cash Flows 0............-2,000 1............1,250 2............750 3...........500 The real rate of inflation is 7% and

Corbin Co. forecasts the following nominal cash flows for a project:

Year.......Cash Flows

0............-2,000

1............1,250

2............750

3...........500

The real rate of inflation is 7% and the inflation rate is 4%. Calculate the NPV for the project. Round to 2 decimals.

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