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PLEASE SOLVE THIS QUESTION WITH STEP BY STEP WORKINGS You have been asked to calculate the NPV for a project based on the following details:

PLEASE SOLVE THIS QUESTION WITH STEP BY STEP WORKINGS

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You have been asked to calculate the NPV for a project based on the following details: the total money invested in the development of the project is 10 million dollars. The hurdle rate for the project is 6.5%. The project will generate the following cashflows: year1: 4 million, year 2:3 million, year3: 2 million and year4: 1 million [Show your calculations]

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