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Crane Corp. management is planning to spend $650,000 on a new marketing campaign. They believe that this action will result in additional cash flows of
Crane Corp. management is planning to spend $650,000 on a new marketing campaign. They believe that this action will result in additional cash flows of $342,000 each year for three years. If the discount rate is 17.5 percent, what is the NPV on this project? (Enter negative amounts using negative signe.g.-45.25. Do not round discount factors. Round other intermediate calculations and final answer to 0 decimal places, e.g. 1,525.) The NPV is $ Save for Later Attempts: 0 of 2 used Submit
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