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Q Industries is a mining company that forecasts nonconventional cash flows for a majority of their projects. Q Industries uses the NPV criteria when making

Q" Industries is a mining company that forecasts nonconventional cash flows for a majority of their projects. "Q" Industries uses the NPV criteria when making their capital budgeting decisions. What is the NPV of the following project if the required rate of return is 27 percent? (Do not round intermediate calculations. Round your final answer to two decimal places.)

Year - Cash Flow ($)

year 0: -1,000,000

year 1: 300,000

year 2: 300,000

year 3: 300,000

year 4: 300,000

year 5: -300,000

year 6: -300,000

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