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Larkspur Compacts will generate cash flows of $ 2 9 , 0 0 0 in year 1 , and $ 6 5 , 0 0

Larkspur Compacts will generate cash flows of $29,000 in year 1, and $65,000 in year 2. However, if it makes an immediate investment
of $19,300, it can instead expect to have cash streams of $56,300 in total in year 1 and $62,400 in year 2. The appropriate discount
rate is 8 percent.
Calculate the NPV of the proposed project. (Enter negative amount using either a negative sign preceding the number e.g.-45 or parentheses
e.g.(45). Round answer to 2 decimal places, e.g.25.25.)
NPV $
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