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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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