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Project B has an initial outlay of $11,000 and generates positive cash flows in years 1, 2, 3 and 4 of $6,175, $5,674, $9,775, and
Project B has an initial outlay of $11,000 and generates positive cash flows in years 1, 2, 3 and 4 of $6,175, $5,674, $9,775, and $6,412 respectively. Using a discount rate of 10.1%, what is the NPV of this project (to the nearest dollar).
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