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NPV Calculation: Compute the net present value (NPV) for Starbucks Corporation's new cafe project, which requires an initial investment of $1.2 million and is expected

NPV Calculation: Compute the net present value (NPV) for Starbucks Corporation's new cafe project, which requires an initial investment of $1.2 million and is expected to generate cash flows of $300,000 annually for the next five years, assuming a discount rate of 10%.

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