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Imagine an investment that promises a series of $28,000 annual cash inflows in each of the next 7 years, with the first cash inflow occurring
Imagine an investment that promises a series of $28,000 annual cash inflows in each of the next 7 years, with the first cash inflow occurring one year from today. If the upfront cost of this investment is $209,000 today and the discount rate is 9%, what is its net present value? Round your answer to the nearest dollar. Be sure to enter a negative sign (-) if your answer is a negative number.
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