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Question 1 6 ( 1 point ) Consider an investment that costs $ 1 0 , 5 0 0 and has the following cash flows

Question 16(1 point)
Consider an investment that costs $10,500 and has the following cash flows for 4 years. The required return is 11 percent. What is the NPV of the project? Round to the nearest penny.
Year Cash Flows
\table[[1,2,100],[2,3,500],[3,7,400],[4,2,890]]
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