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James Stone is considering investing $52,000 in a project that is expected to provide him with cash inflows of $11,000 in each of the first

James Stone is considering investing $52,000 in a project that is expected to provide him with cash inflows of $11,000 in each of the first two years and $17,000 for the next two years. At the relevant discount rate of 15 percent the project's net present value is _____.

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