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Cortez Art Gallery is adding to its existing buildings at a cost of $2.6 million. The gallery expects to bring in additional cash flows
Cortez Art Gallery is adding to its existing buildings at a cost of $2.6 million. The gallery expects to bring in additional cash flows of $756,000, $891,000, and $1,045,000 over the next three years. Given a required rate of return of 6.4 percent, what is the NPV of this project? (Do not round intermediate computations. Round final answer to nearest dollar.) $234,894 O $645,121 O-$1.702.524 O $1.802.554
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