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initial investment = $10,000 project life = 4 years cost of capital = 12% base - case cashflow = $11,000 per year best - case

initial investment = $10,000

project life = 4 years

cost of capital = 12%

base - case cashflow = $11,000 per year

best - case cashflow = $15,000 per year

worst - case cashflow = $-2,000 per year

what is the expected NPV?

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