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Izmir Estate is evaluating a new project. The initial investment required is $ 8 7 , 6 1 9 , 0 0 3 . 6

Izmir Estate is evaluating a new project. The initial investment required is $87,619,003.65 and the cost of capital is 6%.
Expected cash flows over the next four years are given below:
\table[[Years,Cash Flow ($)],[1,13,400,000
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