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Crane Corp. management is planning to spend $650,000 on a new marketing campaign. It believes that this action will result in additional cash flows of
Crane Corp. management is planning to spend $650,000 on a new marketing campaign. It believes that this action will result in additional cash flows of $352,000 over the next three years. If the discount rate is 17.5 percent, what is the NPV of this project? (Enter negative amounts using either a negative sign preceding the number e.s. -45 or parentheses e.s. (45). Do not round discount factors, Round other intermediate calculations and final answer to 0 decimal places, e.s. 1,525.) The NPV is $
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