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Gao Enterprises plans to build a new plant at a cost of $3,250,000. The plant is expected to generate annual cash flows of $1:225,000 for

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Gao Enterprises plans to build a new plant at a cost of $3,250,000. The plant is expected to generate annual cash flows of $1:225,000 for the next five years. If the firm's required rate of return is 18 percent, what is the NPV of this project? (Do not rond intemiditit? calculations.) $3.830,785$2.875,000$2,225,875$580,785

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