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Patterson Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note that

Patterson Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's NPV? Note that a project's expected NPV can be negative, in which case it will be rejected.

r.	10.00%
Year	0	1	2	3
Cash flows	$950	$500	$400	$300

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