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Cullumber Corp. management is planning to spend $ 6 5 0 , 0 0 0 on a new marketing campaign. It believes that this action

Cullumber 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 $326,000 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.g.-45 or parentheses e.g.(45). Do not round discount factors. Round other
intermediate calculations and final answer to O decimal places, e.g.1,525.)

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