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Project P costs $25 million, its expected cash inflows are $5 million in year 1, $10 million in year 2, and $17 million in year
Project P costs $25 million, its expected cash inflows are $5 million in year 1, $10 million in year 2, and $17 million in year 3. If the WACC is 8%, what is the projects NPV? Write you answer in millions rounded to two decimal places (e.g., write 6,786,000 as 6.79)
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