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Cortez Art Gallery is adding to its existing buildings at a cost of $2.8 million. The gallery expects to bring additional cash flows of $850,000,
Cortez Art Gallery is adding to its existing buildings at a cost of $2.8 million. The gallery expects to bring additional cash flows of $850,000, $950,000 and $1,250,000 over the next three years. Given a required rate of return of 7.2 percent. What is the NVP of this project?
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