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Project cost (outflow): $160,000 today Cash inflow schedule: $25,000 annually for the next 12 years (starting in one year) Cost of capital (discount rate) of

Project cost (outflow): $160,000 today

Cash inflow schedule: $25,000 annually for the next 12 years (starting in one year)

Cost of capital (discount rate) of 9%

What is this projects NPV? Answer in whole dollars

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