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Phonedepot is considering a new project. The project needs an initial investment of $125,000. The future cash flows of this project are $10,000 in the

Phonedepot is considering a new project. The project needs an initial investment of $125,000. The future cash flows of this project are $10,000 in the first two years, and $20,000 in years 3 to 10. What is the NPV of this project if the appropriate discount rate is 2.2%?

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