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Project Y has an initial cost of $35,253, and its expected net cash inflows are $11,250 per year for 5 years. The firm has a

Project Y has an initial cost of $35,253, and its expected net cash inflows are $11,250 per year for 5 years. The firm has a WACC of 8 percent, and Project Ys risk would be similar to that of the firms existing assets. Calculate the net present value (NPV) of Project Y.

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