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Krispy Fried Chicken is considering selling a new product. It is predicted to generate the following cash flows: Month 1 2 3 Cash Flows 615,000

Krispy Fried Chicken is considering selling a new product. It is predicted to generate the following cash flows: Month 1 2 3 Cash Flows 615,000 753,000 769,000 It will cost Krispy Fried Chicken 11.90% p.a. compounding quarterly to obtain capital to fund this new product. Calculate the present value of this project.

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