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Pharoah Corp. management is planning to spend $650,000 on a new marketing campaign. It believes that this action will result in. additional cash flows of
Pharoah Corp. management is planning to spend $650,000 on a new marketing campaign. It believes that this action will result in. additional cash flows of $332.000 over the next three years. If the discount rate is 17.5 percent. what is the NPV of this project? (Enter negative amounts using either a negative sign preceding the number eg. 45 or porentheses eg. (45). Do not round discount foctors. Round other intermediate calculations and final answer to 0 decinal ploces, eg. 1,525.) The NPV is
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