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Red Dragon Company is considering adoption of a new project requiring a net investment of $10 million. The project is expected to generate 5 years

Red Dragon Company is considering adoption of a new project requiring a net investment of $10 million. The project is expected to generate 5 years of net cash inflows of $5 million per year. In the project's sixth, and final, year it is expected to have a net cash outflow of $1 million. What is the project NPV, using a discount rate of 12%

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