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Question 12: Feng Inc. is considering a project that has the following cash flow and cost of capital (r) data. r: 10.00% Year 0 1

Question 12:

Feng Inc. is considering a project that has the following cash flow and cost of capital (r) data.

r:

10.00%

Year

0

1

2

3

Cash flows

$1,050

$450

$460

$470

What is the project's NPV?

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