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Music Company is considering investing in a new project. The project will need an initial investment of $ 2 , 4 3 6 , 0

Music Company is considering investing in a new project. The project will need an initial investment of $2,436,000 and will generate $1,290,000(after-tax) cash flows for three years. Calculate the NPV for the project if the cost of capital is 15 percent.

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