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Polk Products is considering an investment project requiring a net investment of $50,000 and providing the following end of year net cash flows: Project Year

Polk Products is considering an investment project requiring a net investment of $50,000 and providing the following end of year net cash flows:

Project

Year Cash Flow

1 60,000

2 90,000

3 40,000

The company has a 10 percent cost of capital. What is the projects net present value?

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