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Darrington Inc. is evaluating an equipment purchase which requires an expenditure of $337 today followed by an inflow of $150 in year one, $200 in

Darrington Inc. is evaluating an equipment purchase which requires an expenditure of $337 today followed by an inflow of $150 in year one, $200 in year two, and $306 in year three. What is the net present value of these cash flows to the nearest cent if the discount rate is 9%?

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