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( Q 1 2 - Q 1 5 ) A capital budgeting project is expected to have the following cash flows. The company requires a

(Q12- Q15) A capital budgeting project is expected to have the following cash flows. The company requires a 10% required rate of return and payback period less than 5 years.
\table[[Year,Cash Flows,Cumulative Cash Flows],[0,-$1,000,000,],[1,$400,000,],[2,$400,000,],[3,$200,000,],[4,$400,000,]]
What is the project's Net Present Value (NPV) at a 10% required rate of return? (Round to the nearest whole number.)
$2,117,683
$170,548
$1,229,45
$117,683
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