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Feisty Fox Foundation is considering a project that has the following cash flow and WACC data. What is the project's NPV ? Compute to the

Feisty Fox Foundation is considering a project that has the following cash flow and WACC data. What is the project's NPV? Compute to the second decimal place

WACC: 11.85%

After Tax Salvage Value at end of year 4 = $300

Year 0 1 2 3 4

Cash flows -$1,600 $450 $450 $450 $450

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