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Middlefield Motors is evaluating a project that would cost 4,100 dollars today. The project is expected to have the following other cash flows: 2,300 dollars
Middlefield Motors is evaluating a project that would cost 4,100 dollars today. The project is expected to have the following other cash flows: 2,300 dollars in 1 year, -2,930 dollars in 3 years, and 6,750 dollars in 4 years. The cost of capital of the project is 6.03 percent. What is the net present value of the project?
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