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Find NPV: A business is evaluating a potential project with an initial expenditure of $ 9 2 5 , 0 0 0 upfront and an

Find NPV: A business is evaluating a potential project with an initial expenditure of $925,000 upfront and an additional $37,500 required in the following year for extra supplies. The CFO anticipates incoming cash flows of $289,000 per year from the second to the sixth year. At a discount rate of 12.5%, should the company approve the project?

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