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Ellmann Systems is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? r: 9.00%

Ellmann Systems is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV?

r:

9.00%

Year

0

1

2

3

Cash flows

$1,000

$500

$500

$500

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